Venezuela turns to China to help cut through US oil sanctions

Seemingly resigned to the reality that the Biden administration in Washington is not about to perform a volte face from the economic sanctions that have strangled international oil sales and effected a serious body blow to his country’s economy, President Nicolas Maduro is in the process of embracing China as a key ally in a broader quest to attract investment to Venezuela’s oil industry and hopefully open the door to a share of a global market.

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