US to remove some sanctions to allow it to keep selling country’s supplies after laying claim to blockaded crude

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The US plans to control Venezuela’s oil sales “indefinitely” after laying claim to 50m barrels of blockaded crude and seizing a Russian oil tanker linked to the South American country.

The White House already plans to sell up to $3bn (£2.2bn) worth of Venezuelan crude stranded in tankers and storage facilities into the oversupplied global market after the American military’s capture of Nicolás Maduro.

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Source: Guardian - World News