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Is Venezuelan Oil Really Worth Rolling Back Sanctions For?
On March 8, the White House banned all imports of coal, oil, and liquefied natural gas from Russia as the United States tightened sanctions on the Kremlin in response to the Russian invasion of Ukraine. As a show of condemnation and an attempt to de-escalate Russian aggression before the war spreads, the United States is trying to hit Russia where it hurts – its energy industry. But now, the White House needs to find a new source of energy imports to fill that vacuum, and they’re looking to a surprising source: Venezuela. According…
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