Venezuelan crude exports to US surge 170% as Citgo resumes purchases

Venezuelan oil exports to the US grew 170% in March, driven by Citgo, Pdvsa's US subsidiary, resuming crude purchases after a seven-year hiatus. This marks a significant shift in US-Venezuela energy trade, likely reflecting eased sanctions or a policy change. The development signals a potential normalization of oil flows, with implications for global supply and US refiners.