Reuters revealed Venezuelan state oil company PDVSA has asked at least two of its clients to make payments for Venezuelan oil via Russian state energy giant Rosneft, as it comes under pressure from U.S. sanctions. The proposed payment mechanism is the latest sign of the growing proximity of Venezuela’s cash-strapped government to Russia as the United States tightens a financial noose around Venezuelan President Nicolas Maduro, who it describes as a dictator.
Reuters reveals Venezuela seeking to collect some oil payments via Rosneft
18 April 2019, 12:00 am 1 minute
Type: Reuters Best