U.S. Approves Diluents Export to Support Venezuela’s Oil Industry
New U.S. Permit for Diluent Exports to Venezuela The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has granted a new permit for the export and sale of U.S. diluent to Venezuela. This diluent is a key component for producing crude oil suitable for export in OPEC nations. This marks the second permit issued […]