The Biden administration traveled to Venezuela on Saturday to meet with Venezuelans.
The reason? To beg them to produce more oil.
Several senior Biden administration officials from the White House and State Department traveled to Venezuela on Saturday to meet with the Russian ally as Moscowâ€™s economy begins to crater under the weight of sanctions, according to a report.
The U.S. is hoping to capitalize on Russiaâ€™s economic weakness three years after the Kremlin â€“ along with China and Iran â€“ came to Venezuelaâ€™s financial aid when the Trump administration cut diplomatic ties with Caracas and imposed sanctions on oil exports in the Latin American country amid Western accusations of an illegitimate election, The New York Times reported, citing sources familiar with the matter.
Most of Venezuelaâ€™s oil exports went to the U.S. before the sanctions.
The Biden administration would consider easing sanctions if they did it:
JUST IN: The Biden administration is considering easing sanctions against Venezuela in order for it to begin producing more oil and selling it on the international market. Move is to counter global dependence on Russia's oil – NYT
— Insider Paper (@TheInsiderPaper) March 7, 2022
Instead of making the United States stronger and producing our own oil – Biden is attempting to enrich another dictator.
The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.Â
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