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US defends Venezuela oil deal as Chevron expands, citing China/Russia expulsion
Financial Times·US · VE · CN·2 days ago
US Energy Secretary Chris Wright stated the Trump administration seeks to restructure Venezuela's financial commitments, clarifying that income from new oil production will not be used to pay debts to China. The statement signals a potential shift in US policy toward Venezuela's oil sector and its debt obligations, but mechanisms and scope remain unspecified.