Venezuela is open to barter-like payments from India to boost oil sales to the world’s third-biggest oil consumer, the South American country’s oil minister Manuel Quevedu said on Monday.Venezuela buys a slew of products including medicines from India, and it is looking for alternative payment mechanisms after application of the latest stringent U.S. sanctions. The administration of U.S. President Donald Trump has imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member’s crude exports to the United States to pressure socialist President Nicolas Maduro to step down. “The relationships with India will continue, the trade will continue and we will simply expand all the trade and relationship,” Quevedu told […]