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Venezuela Minister Ready to Halt Oil Exports: Paper

Reuters
Tuesday, 12 Feb 2008 | 10:12 AM ET

Venezuela is "ready" to cut off oil supplies to the United States, Energy Minister Rafael Ramirez was reported as saying in a newspaper interview published Tuesday.

His comments came after President Hugo Chavez threatened to stop sending oil to America over a dispute with Exxon Mobil , sparking an oil price rally Monday.

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