Spain's Imports of Venezuelan Oil Dry Up Ahead of US Sanctions Deadline

Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's administration.

Spain's largest oil company Repsol is among foreign firms operating in Venezuela whose permits to export oil from the country were revoked by the United States. Repsol was given a May 27 deadline to wind down its operations there.

Under that permit, Repsol received oil from state oil company PDVSA as payment for debt...

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