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US to Let Eni, Repsol Ship Venezuela Oil to Europe, Reuters Says

The SA (PDVSA) El Palito refinery in El Palito, Venezuela..

The SA (PDVSA) El Palito refinery in El Palito, Venezuela..

Photographer: Manaure Quintero/Bloomberg

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The US could allow Italy’s Eni SpA and Spain’s Repsol SA to ship Venezuelan oil to Europe as soon as July to make up for Russian crude, Reuters reported, citing people familiar with the matter.