US Treasury Secretary Bessent says increased Venezuelan crude oil supply means lower fuel prices and proceeds from the sale of Venezuelan oil will return to Venezuelans
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US Treasury Secretary Bessent says increased Venezuelan crude oil supply means lower fuel prices and proceeds from the sale of Venezuelan oil will return to Venezuelans
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If Venezuelan oil proceeds are funneled back to the local population, it may signal a shift in domestic policy that could stabilize or enhance Venezuela's geopolitical dynamics, affecting broader energy markets including WTI and Brent.
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