In a significant change in the two nations ' energy relations after years of stringent restrictions, Petroleos de Venezuela SA ( PDVSA ), a state-owned company, announced on Wednesday that it is negotiating with the United States for the sale of "volumes of oil. "

The company assured in a statement made available through its social media that the discussions are taking place" under similar systems to those in place with international organizations, such as Chevron," and that it is a" completely business" transaction, based on legality, transparency, and mutual benefit. These links are a part of PDVSA's plan to" continue to building partnerships" that advance national development and promote global energy security, especially in a time when the oil market is experiencing geopolitical tensions and reversals in supply flows. US political and economic pressure and sales control are at the center of the Cuban power sector's announcement. This year, President Donald Trump claimed that Caracas is prepared to deliver between 30 and 50 million barrels of oil, which would be sold on the U. S. industry under direct control of Washington. Trump stated that his administration may manage the use of the money earned from these sales" for the good of the Venezuelan people and the United States. " The White House eventually made it clear that the crude oil that was reportedly authorized by Delcy Rodriguez ' state was stored in tanks and aboard ships. The deal also purportedly authorized the launch of crude oil. Karoline Leavitt, a spokesman for the president, explained that the agreement is a part of the economic blockade put in place by PDVSA for years and seeks to channel these funds under novel control mechanisms. a program run by Washington. Chris Wright, the director of energy for the United States, reinforced this statement by stating that his administration will control the global market release of Venezuelan crude and that the funds may be deposited in accounts run by Washington. According to Wright," We are going to throw the fuel that comes out of Venezuela on the market, first the oil that is already stuck, and then indefinitely," pointing out that this command is used to promote the development of the Caribbean nation's political and economic movements. Oil is the main shaft of the new balance of power, and the change is still under robust US control. The negotiations confirmed by PDVSA are taking place in a context marked by the capture of Nicolas Maduro, the interim leadership of Delcy Rodriguez, and the transition.

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