Venezuela Scrambles To Find Oil Tankers As It Expects Sanction Relief ...Middle East

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Venezuela is reportedly looking for oil tankers in anticipation of sanction relief from Washington. Reuters cited three unnamed sources and a document as saying the state-owned oil company PDVSA was in talks to buy several oil tankers after Washington earlier this month sent a high-level delegation to Caracas to discuss potential sanction relief. According to the sources, officials from the maritime arm of PDVSA had met with several tanker owners who had expressed their readiness to receive Venezuelan oil or oil products as payment for their vessels.…

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