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Venezuela, US in talks to export Venezuelan oil to US

January 07, 2026
Crude oil drips from a valve at an oil well operated by Venezuelas state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Picture taken on April 16, 2015.—Reuters
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Picture taken on April 16, 2015.—Reuters

HOUSTON/WASHINGTON: Venezuelan and U.S. officials are discussing exporting Venezuelan crude to the United States, five government, industry and shipping sources told Reuters on Tuesday.

U.S. refineries on the Gulf Coast can process Venezuela’s crude and have imported it in the past, before the U.S. imposed sanctions on Venezuela. —Reuters