Washington — Global oil prices are not deterring the White House from considering additional sanctions against Venezuela, US Vice President Mike Pence said Tuesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We recognize the importance of energy for the United States,” he said. “We recognize the importance of petroleum product in this country. “But the price of oil around the world has been quite low for some time, quite competitive for some time. We’re just going to continue to stand firm and bring even more pressure on this regime.” Crude oil futures were trading at four-month highs Tuesday on signs of continued OPEC production cuts and US production headwinds. At 1528 GMT, ICE June Brent was trading 31 cents higher day on day at $69.32/b and NYMEX May WTI was up 68 cents to $62.27/b. The US imposed sanctions in January that effectively ban […]