Venezuela Turns to Russia for Oil Product Once Bought From US

Venezuela Turns to Russia for Oil Product Once Bought From US

Venezuela Turns to Russia for Oil Product Once Bought From US

Russia has unseated the US as Venezuela’s primary source of naphtha, a petroleum product it needs to dilute its extra-heavy crude, as Washington’s trade policies push the two sanctioned countries into deeper economic cooperation.

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(Bloomberg) — Russia has unseated the US as Venezuela’s primary source of naphtha, a petroleum product it needs to dilute its extra-heavy crude, as Washington’s trade policies push the two sanctioned countries into deeper economic cooperation.

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