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The Daily Baku
INTERNATIONAL
Thursday, 4 June 2026
World

Venezuela's PDVSA signs contract to export crude oil to US

March 4, 2026
10:31
Venezuela's PDVSA signs contract to export crude oil to US

Venezuelan state oil and gas company PDVSA has signed contracts for oil supplies to the United States, the company said in a statement, The Daily Baku reports.

It did not disclose other details, noting that the contracts are intended to help stabilize the global oil market.

PDVSA also once again called for the lifting of US sanctions against Venezuela.

In mid-December 2025, US President Donald Trump ordered a "full and total blockade" of all sanctioned oil tankers traveling to or from Venezuela.

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