Thursday, November 3, 2022

The U.S. is trying to mend ties with Venezuela. One big reason? Oil

The José Antonio Anzoátegui industrial park for crude oil and petrochemicals in Anzoátegui state, Venezuela, on March 17.

The Biden administration has extended an olive branch to Venezuela. It might sway Caracas to resume talks with the opposition for elections, and eventually let Venezuelan oil back on the world market.

(Image credit: DPA / Picture Alliance / Getty Images)

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