White House is pressed on potential oil deals with Saudi Arabia, Venezuela and Iran

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(Worthy News) – The White House on Monday pushed back on concerns about the Biden administration’s willingness to cut deals with countries like Saudi Arabia, Iran and Venezuela as it looks for ways to blunt skyrocketing fuel prices in the United States.

White House press secretary Jen Psaki faced multiple questions during Monday’s briefing on how the administration views these trade-offs of bartering with countries “that may have engaged in unsavory actions in the past,” as reports trickled out in recent days that President Joe Biden and European counterparts are discussing a ban on Russian oil imports to further punish President Vladimir Putin for his country’s attack on Ukraine.

U.S. officials met face-to-face with Venezuelan officials in Caracas over the weekend and discussed potentially easing oil sanctions on the country as part of the strategy to combat rising prices in the U.S. During Monday’s briefing, Psaki was asked about Venezuela’s leader and whether it was “really worth doing business with a despot like Nicolás Maduro to drive down gas prices.” [ Source: Politico (Read More…) ]

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