US allows China to purchase Venezuelan oil but not at 'undercut' prices of Maduro days, official says

Core Viewpoint - The Trump administration is permitting China to purchase Venezuelan oil, but it has set conditions to prevent purchases at prices that are deemed "unfair" or "undercut" compared to previous sales before the U.S. intervention [1] Group 1 - The U.S. administration's decision reflects a strategic approach to manage the pricing of Venezuelan oil in the global market [1] - The context of this decision is tied to the U.S. removal of Venezuelan leader Nicolas Maduro, which has impacted the country's oil sales [1] - The administration aims to balance economic interests with geopolitical considerations in allowing China to engage in oil purchases [1]