US warns the world against buying Venezuelan oil

US National Security Advisor John Bolton has warned nations and firms against buying crude oil from Venezuela, after the Latin American nation stated it desires to promote extra oil to the fast-growing Indian market.

In a tweet with a Bloomberg article on Venezuelan-Indian oil relations connected, Bolton wrote: “Nations and firms that support Maduro’s theft of Venezuelan resources will not be forgotten. The United States will continue to use all of its powers to preserve the Venezuelan people’s azsets and we encourage all nations to work together to do the same.”

“We have a good relationship with India and we want to continue this relationship. The relationships with India will continue, the trade will continue and we will simply expand all the trade and relationship,” Indian outlet Business Today quoted the Venezuelan minister as saying on the sidelines of the Petrotech convention in India this week.

At the begin of the Venezuelan political disaster final month, Indian media reported that the Asian nation continues to be one in all the primary patrons of Venezuelan crude oil. Indian refiners preserve buying greater than 400,000 barRels per day (bpd) of oil from the troubled Latin American nation, which is sitting on the world’s largest crude oil sources.

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