Venezuela Set to Export $2 Billion Worth of Crude Oil to U.S.

Venezuela and the United States have reached a deal under which authorities in the South American country will agree to export $2 billion worth of crude oil to the U.S., according to President Donald Trump.  The agreement with the U.S.-compliant leadership in Caracas would boost supply of heavy crude to the U.S. Gulf Coast refineries and potentially further cripple illicit Venezuela shipments of cheap crude to China, Reuters notes.  Venezuela’s state oil firm PDVSA has been unable to ship oil cargoes to Asia for nearly a week, as…