Oil producers Iran and Venezuela sign 20-year cooperation plan

[mountaineer]

Oil producers Iran and Venezuela sign 20-year cooperation plan

June 11 (Reuters) - Iran and Venezuela signed a 20-year cooperation plan in Tehran on Saturday as the two countries, among the world's top oil producers, grapple with U.S. sanctions that are crippling their exports.

The signing ceremony, carried by Iranian state TV, was overseen by Iranian President Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro and took place at the Saadabad Palace in north Tehran.

The plan includes cooperation in the fields of oil, petrochemicals, defence, agriculture, tourism, and culture and was signed by foreign ministers Hossein Amirabdollahian and Venezuela's Carlos Faria.  ...

Full story at Reuters

Let's see ... U.S. oil producers are not allowed to drill.  Sure, no problem. 

[jafo2010]

As OPEC gears up for OPEC on steroids, I suspect $10 per gallon gas will arrive sooner than later.  And the Biden Idiocracy will be laughing all the way to the bank.