Plans to ease u.s. oil deficit

According to a report, senior u.s. officials secretly travelled to Venezuela over the weekend. Reportedly, the u.s. are considering easing tough oil sanctions in order to ease their oil deficit. According to the report, chevron, the last u.s. oil company in Venezuela is banned from doing all but basic upkeep on wells it operates in conjunction with Petróleos de Venezuela sa, the state run oil company. According to reports, oil reserves in Venezuela are the largest in the world.

Reportedly, dependence on oil has long influenced u.s. and uk foreign policy. According to a report, in 2021 the u.s. who say they will move ahead with plans to sanction russian oil, received only 3% of total crude oil imports from Russia. Reportedly, Canada supplied 61%, Mexico 10%, Saudi Arabia 6%, 20% untold.