The US will allow two companies to ship Venezuelan oil to Europe

Reuters cite unnamed "five people familiar with the matter" for the info:

  • Italian oil company Eni SpA and Spain's Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month
  • to make up for Russian crude
  • volume of oil Eni and Repsol are expected to receive is not large

US sanctions on Venezuela have prevented oil-for-debt swaps for two years.

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