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Friday, June 26, 2020

US #Sanctions on #Venezuela has left 18MM Barrels Of #Oil Stranded Out At Sea

Estimates based on shipping data, industry sources, and documents of Venezuela's state oil firm PDVSA, show at least 16 tankers with 18 Million Barrels of Oil are idling off the coasts of Africa and Southeast Asia because few potential buyers would risk U.S. sanctions for dealing with the regime of Nicolas Maduro.


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