Since the Russia-Ukraine incident broke out, the United States and its allies have used all possible means to suppress Russia, including Russian oil exports. Because Russian energy occupies a very important position in the world, especially in Europe. The restrictions caused crude oil prices to skyrocket, putting pressure on industrial development in European and American countries.
In order to deal with this energy supply shortage, the United States thought of Venezuela, a country that had previously restricted its oil exports. On March 12, it was reported that Venezuela may resume oil trade with the United States, provided that the United States recognizes Venezuela’s national sovereignty. On March 5, in order to obtain oil, the United States specially dispatched senior official Juan Gonzalez to discuss the possibility of resuming trade with Venezuela.
According to relevant sources, the United States hopes that Venezuelan oil will be shipped directly to the United States, otherwise it will continue to restrict Venezuelan oil exports. This means that the United States and Venezuela have only one purpose of cooperation, and that is oil.
Former US leader Trump also expressed his views on this recently. According to US media reports, he believes that Biden’s restriction on Russian oil exports is unreasonable because the United States relies on Russian oil. He also said that the United States was acting very “cowardly” on the situation between Russia and Ukraine, and satirized Biden for “begging” for oil from Venezuela and other countries.
On March 12, Venezuela took advantage of the good opportunity to “negotiate” cooperation with the United States and immediately proposed to the European Union its willingness to resume trade. As of March 14, the EU has not responded to this wish.
Due to the difficulty of oil extraction in Venezuela and its relatively backward technology, its oil production and exports are both low. But Venezuela actually has the largest oil reserves in the world. If the penalties against Russia are not lifted for the time being and crude oil prices remain high for a long time, the EU may also consider resuming trade with Venezuela.
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