Foreign partners of PDVSA are stuck waiting for U.S. authorization to resume operations in Venezuela. This tug-of-war pits American political strategy against corporate oil ambitions.
In this Petro Symposium piece, I explore:
✅ The geopolitical pressure shaping U.S. licensing decisions
✅ How energy majors are pushing to secure barrels from Venezuela
✅ Why I believe Washington may ultimately side with Big Oil
📌 Read the full article → https://open.substack.com/pub/alexanderfernandez/p/venezuelas-oil-dilemma-how-us-politics?r=59s3mr&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true