You left out the part about the US parking the money in offshore accounts…in Qatar.
Now that we’ve got their oil $$$$, those diabolical drug boats have completely stopped…weird.
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Exactly. Not the US Treasury. An off-shore account in a country with no extradition to the US.
If Joe had done it… (or Kamala…)
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Note, you want the Russians out of Ukraine.
Just wait until the DOGE kids get their hands on it. It will be turned into crypto and vanish in no time.
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Venezuelan oil is coming back to the market.
Venezuelan crude exports rebound as sanctions push trade to compliant fleet
https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/021926-venezuelan-crude-exports-rebound-as-sanctions-push-trade-to-compliant-fleet-teekay-tankers
Venezuelan crude exports are expected to return to a typical run rate of 800,000 b/d, as the country shifts away from dark fleet tankers following a US naval blockade that has boosted demand for compliant vessels in the region and supported spot rates, executives at Teekay Tankers said Feb. 19.
“Just looking at where it’s tracking in February, we’re already back up to about 700,000 b/d of exports,” Christian Waldegrave, director of research and commercial performance, said during the company’s fourth quarter earnings call.
“And it’s all going on non-sanctioned ships primarily to the U.S. South Caribbean region, but we’ve also seen two or three cargoes to Europe. And we know that India is starting to buy some barrels as well,” he added.
DB2
Not surprising. We basically decided to just lift the sanctions. So of course the oil is coming back to market.
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