Russia Slams US Oil Policy in Venezuela, Calls Restrictions Discriminatory

C
CNBC TV18•11-02-2026, 20:55
Russia Slams US Oil Policy in Venezuela, Calls Restrictions Discriminatory
- •Russian Foreign Minister Sergei Lavrov criticized new US restrictions on Russia's role in Venezuela's oil business as blatant discrimination.
- •The US Treasury Department issued a license for oil and gas exploration in Venezuela, excluding transactions involving Russian and Chinese nationals or entities.
- •Russia plans to seek clarification from the United States regarding these new restrictions.
- •Lavrov stated that Russia, China, and Iran have significant investments in Venezuela's oil and energy sector.
- •US President Donald Trump has expressed interest in controlling Venezuela's vast oil reserves with US companies.
✦
More like this
Loading more articles...





