Thursday, July 9, 2009

Venezuela Halts Oil Flow to Honduras

Thursday, July 9, 2009
Venezuela’s oil minister, Rafael Ramírez, confirmed Wednesday that his country had halted oil exports to Honduras. Mr. Ramírez said shipments of oil, which Venezuela has sold to Honduras at preferential prices, would not resume until that country’s ousted president, Manuel Zelaya, was reinstated. Mr. Zelaya is an ally of President Hugo Chávez of Venezuela. Venezuela sends about 20,000 barrels of oil a day to Honduras; the cutoff is expected to raise fuel costs in Honduras.

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