Venezuelan President Nicolas Maduro possesses the flexibility and incentive to use his country's crude oil exports, most of which currently go to China, as a key bargaining tool in potential negotiations with the U.S.
U.S. President Donald Trump's administration, which has boosted its military presence in the Caribbean, has said he is open to talks with Maduro, whose government has struggled to lure foreign investment in the country's oilfields amid U.S. sanctions.
The U.S. on Monday formally designated Venezuela's Cartel de los Soles a foreign terrorist organization, increasing pressure on Maduro amid preparations to launch further
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