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U.S. in Talks With Venezuela Amid Push to Round Up Oil Supplies

March 8, 2022, 3:51 AM

Two senior U.S. officials met with members of Venezuelan President Nicolas Maduro’s government in Caracas to discuss global oil supplies and the country’s ties to Russia, according to people familiar with the matter.

The weekend visit, which signals a possible major shift in the U.S. approach toward the socialist government, coincides with a Biden administration effort to round up other sources of energy after the wave of financial sanctions placed on Russia crimped supplies. Crude prices soared, extending a wild week-long rally, after Secretary of State Antony Blinken said Sunday that the U.S. and European allies are discussing the ...