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Iranian President Ebrahim Raisi meets with Venezuelan President Nicolas Maduro in Tehran, Iran, June 11, 2022. President Website/WANA (West Asia News Agency)/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.

Venezuela rushes to mend Iran relationship as US sanctions loom

PUNTO FIJO/CARACAS/HOUSTON, (Reuters) – Iran and Venezuela are trying to patch together an oil alliance that began to fray last year, according to six people familiar with the matter, after the South American country fell behind on oil swaps that had boosted crude exports and helped stem domestic fuel shortages.

Ukraine knocks out Russian refinery in major attack

MOSCOW,  (Reuters) – Ukraine pounded targets in Russia today with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to pierce the land borders of the world’s biggest nuclear power with armed proxies.

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