The White House has indicated it is prepared to allow India to buy Venezuelan oil under a new US-controlled framework, a senior Trump administration official said, raising the prospect of a partial reopening of trade frozen by American sanctions.
Asked directly whether the United States was ready to let India resume purchases of Venezuelan crude, given its vast and growing energy needs, the response was blunt. “Yes,” the administration official told IANS, while stressing that the finer details were still being worked out.
The official pointed to recent remarks by US Energy Secretary Christopher Wright, who said Washington would be open to selling Venezuelan oil to “almost all countries.”
In an interview with Fox Business, Wright said the US was allowing Venezuelan oil to flow again, but only under a tightly controlled structure. “So that oil, we’re allowing it to flow. Again, it’s marketed by the United States government. The money’s gonna flow into accounts,” he said.
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