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Venezuela’s President Maduro proposes paying for coronavirus vaccines with oil

Venezuelan President Nicolas Maduro on Sunday proposed paying for vaccines against the coronavirus with oil, though he provided few details about how such a scheme would work.The crisis-stricken OPEC nation’s crude exports have plummeted to their lowest levels in decades since Washington sanctioned state oil company Petroleos de Venezuela in 2019, cutting off Venezuela’s exports to the United States and dissuading many other customers from buying Venezuelan oil as well.Maduro said Venezuela was…

Read the original article at South China Morning Post

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