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Listen: US sanctions on Venezuela pressure global crude flows

It's been two weeks since the Trump administration unveiled sanctions on PDVSA, Venezuela's state-owned oil company, and questions remain over where US Gulf Coast refiners will find replacement, heavy barrels, where Venezuela might ship its displaced supply and just how quickly oil production in the South American nation will decline due to increased US pressure.

On this week's Platts Capitol Crude podcast, Paul Sheldon, chief geopolitical advisor with S&P Global Platts Analytics, and Risa Grais-Targow, the Eurasia Group's director for Latin America, break down the market impacts of the US sanctions on PDVSA.