Venezuelan President, Iranian Oil Minister Meet in Caracas, Agree on Neutralizing US Sanctions

The Venezuelan President and the Iranian Oil Minister met to discuss ways to overcome the impact of US sanctions against both countries.

Nicolas Maduro tweeted, referring to this constructive meeting with Iranian Oil Minister Javad Owji, that ways were discussed to strengthen brotherly relations and cooperate on energy issues, Al Jazeera reported.

According to a statement issued by the Venezuelan Ministry of Petroleum, the Iranian Minister of Petroleum had previously met with his Venezuelan counterpart Tareck Zaidan El Aissami to discuss ways and mechanisms to overcome the unilateral coercive measures imposed by the US government and its allies. No further details have been released about the meeting.

Javad Owji’s visit to Venezuela, which has the highest crude oil reserves in the world, came just weeks after US officials met Venezuelan officials amid rising global crude oil prices over the Ukraine war.

In March, the US delegation held a meeting with Nicolas Maduro.

Bilateral relations between the two major world oil producers continued and strengthened from 1999 to 2013 with the support of the late socialist leader Hugo Chevez, and then with the support of Nicolas Maduro.

Venezuela, which is under strict US sanctions, is an ally of Iran, Russia and China. In 2020, Iran sent aid to address the country’s domestic shortages with two ships, and in the same year, the then Iranian Foreign Minister Mohammad Javad Zarif announced that Iran would remain on Venezuela’s side and support the country.

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