Washington Authorizes the Sale of Diluents to Venezuela, Admits Structural Damage Caused to Oil Industry

After more than six years of a deliberate energy blockade, the US empire has formally lifted the ban on selling diluents for heavy crude oil to Venezuela. The authorization was issued by the Treasury Department’s Office of Foreign Assets Control (OFAC) through General License No. 47, permitting transactions with the Venezuelan state and the publicly-owned … Continue reading Washington Authorizes the Sale of Diluents to Venezuela, Admits Structural Damage Caused to Oil Industry