Venezuela defies Trump's oil blockade
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US escalates pressure on Venezuela with oil tanker blockade
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BP, big oil
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There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.
The Trump administration on Thursday reportedly renewed a license for oil major Chevron (CVX) to continue pumping oil in Venezuela. According to a Bloomberg report, citing sources familiar with the matter,