Sanctions on Venezuelas oil firm sends U.S. refiners scrambling

MOSCOW (MRC) - Venezuela's revenues from oil sales to the United States have come under severe threat as sweeping sanctions on Venezuelan state-owned oil firm has sent U.S. buyers scrambling for replacements, said Reuters.The United States on Monday imposed sanctions on Petroleos de Venezuela, S.A., known as PDVSA, to cripple the OPEC member's oil shipments, which account for nearly all

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