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March 13, 2022
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Maduro puts a price on Venezuela’s crude oil: recognition by the US

Maduro puts a price on Venezuela's crude oil: recognition by the US

The government of Nicolás Maduro has asked to be recognized again by the United States as a condition for reestablishing oil exchanges with Washington, after the White House decided to cut ties with Russia in the face of the invasion of Ukraine, the Minister of Foreign Affairs of the United States said this Saturday. chavismo, Felix Plasencia.

On statements to the diary The countryPlasencia, who is at the Diplomatic Forum held in the Turkish town of Antalya, said that the “oil business relationship with the 100-year-old States left” after “coercive measures”, as they brand the sanctions imposed for violations to human rights.

“We have not put them out of business, they left to put coercive measures. Now they want to go back. Well, if they accept that the only and legitimate government of Venezuela is the one led by President Nicolás Maduro, the American and European oil companies are welcome,” Plasencia told the Spanish newspaper.

The White House recently acknowledged that sent a delegation to Caracas to meet with high-ranking officials of the Maduro government.

Jen Psaki, spokesperson for the Joe Biden administration, explained this week that the purpose of the trip by administration officials was to discuss a variety of issues, including, indeed, “energy security.”

Analysts maintain that the trip sought, mainly, to open alternatives to replace Russian oil, embargoed by the Democratic administration as a result of the invasion of Ukraine.

In fact, after learning about the visit of Biden officials, Maduro assured that Venezuela has the capacity to increase its crude oil production to more than 3 million barrels per day “if necessary for the stability of the world.”

For his part, the high representative of the European Union Josep Borrell, who is also looking for a substitute for Russian supplies, thawed relations with Chavismo and held a meeting with the diplomat Plasencia to address the impact of the war with Ukraine.

“First meeting with Félix Plascencia Antalya. The EU supports the dialogue (of the opposition with Maduro) in Mexico. The recommendations of the EU Electoral Observation Mission are a good basis for future elections and democratic reforms. We also address the serious impact of the war against Ukraine”, explained about Borrell on Twitter, without going into more detail.

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