U.S. considers easing sanctions on “shadow fleet” to lower shipping costs

The Daily Journal.- The U.S. government is considering easing sanctions on vessels belonging to the so-called “ghost fleet” or “shadow fleet,” which have transported oil and petroleum products from Russia, Iran, and Venezuela, in an effort to reduce global shipping rates. President Donald Trump’s administration aims to reduce distribution disruptions caused by record-high maritime freight […]

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Venezuelan oil accounts for 9% of India’s crude imports

Venezuela ranked among India’s leading oil suppliers in August, as the country imported an average of 4.5 million barrels per day. The Daily Journal.- Venezuelan oil accounted for 9% of India’s crude imports in August, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. The oil-producing group […]

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Lavrov calls for Maduro’s release at UN General Assembly

The Daily Journal.- Russian Foreign Minister Sergey Lavrov called last Saturday for the “prompt release” of Nicolás Maduro, who remains in a New York prison after U.S. forces captured him during a military operation in Caracas earlier this year. “We insist on the prompt release of the Venezuelan leader and his wife, and that such […]

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Trump says U.S. could stay in Iran and keep its oil ‘like in Venezuela’

The Daily Journal.- U.S. President Donald Trump said Sunday that Washington could maintain its presence in Iran and benefit from the country’s oil resources, as it did in Venezuela. “Eventually, we’ll get out (of Iran), unless we decide to stay and keep the oil, like in Venezuela. You don’t hear about Venezuela anymore, do you? […]

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Venezuela ranks among India’s five largest oil suppliers

The Daily Journal.— Venezuela ranked among India’s five largest oil suppliers during the six months of war in Iran, accounting for nearly 5% of the Asian giant’s total imports, according to data from analytics firm Kpler. Venezuela joined Brazil in the Russia-led group, followed by the United Arab Emirates and Saudi Arabia, as the global […]

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Venezuela reaffirms continued operations of joint ventures with China and Russia following U.S. oil deal

The Daily Journal. — The Venezuelan government confirmed that hydrocarbon agreements with Chinese and Russian state-owned and private companies will remain in effect. It rejected claims that the recent energy deal with the United States would exclude capital from either country from oil extraction projects in Venezuela. Hydrocarbons Minister Paula Henao outlined the government’s official […]

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Venezuela “returns” to the U.S. and Western sphere of influence

The Trump administration is reversing, through forceful actions and aggressive diplomacy, what President Chávez painstakingly built, and Nicolás Maduro later sought to deepen. José Gregorio Yépez The signing of Venezuela’s oil agreements with the multinational companies that attended the meeting at Miraflores, with the approval of U.S. Energy Secretary Chris Wright, marks one of the […]

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White House: Venezuela oil deal will secure U.S. energy dominance for a century

The Daily Journal. — The White House said Monday that the oil agreement reached with Venezuela will allow the United States to secure its “energy dominance for the next century” at no cost to American taxpayers. “This deal secures our energy dominance for the next century, all at zero cost to the United States,” President […]

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Venezuelan bonds price in the risk of a deep debt restructuring

The Daily Journal – Current prices of Venezuela’s sovereign bonds largely reflect market expectations of a future external debt restructuring and a recovery in oil production, according to a report by Oxford Economics. The consulting firm argues that the recent rally in Venezuelan bonds, which it forecast in a February analysis, continues to rest on […]

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Putin Faces the Mirror of History

Audio: https://clyp.it/01aldmmu Julio A. López, Editor-in-Chief. – The Russian outlet Dos’e and dissident Mikhail Khodorkovsky revealed a document drafted in February by the circle of Sergey Kiriyenko, deputy head of the Presidential Administration, outlining how to “sell” any peace agreement with Ukraine to the Russian population as a victory. Audiences to be managed one by one […]

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