Venezuela to continue supplying oil to US ‘indefinitely’, White House says

US to remove some sanctions to allow it to keep selling country’s supplies after laying claim to blockaded crudeBusiness live – latest updatesThe US plans to control Venezuela’s oil sales “indefinitely” after laying claim to 50m barrels of blockaded crude and seizing a Russian oil tanker linked to the South American country.The White House already plans to sell up to $3bn (£2.2bn) worth of Venezuelan crude stranded in tankers and storage facilities into the oversupplied global market after the American military’s capture of Nicolás Maduro. Continue reading...