U.S. To Ease Venezuela Oil Restrictions For Europe: Report ...Middle East

Italy’s Eni and Spain’s Repsol will get the green light to start shipping Venezuelan crude to Europe from next month, Reuters has reported, citing five unnamed sources in the know. The sources cited a letter written by the U.S. State Department to Eni and Repsol, signaling that Washington’s firm stance on Venezuelan sanctions may not be so firm after all now that its strategic partners in Europe are facing a shortage of crude because of sanctions against Russia. Yet the Reuters sources said the volumes that Eni and Repsol will…

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