US Secretary of State Mike Pompeo has urged the oil industry to work with the Trump administration to promote U.S. foreign policy interests, especially in Asia and Europe.
Addressing top executives of the world’s largest energy companies and oil ministers in Houston, he said United States has imposed harsh sanctions in the past several months on two major world oil producers, Venezuela and Iran.
Pompeo said Washington would use all its economic tools to help deal with the situation in Venezuela.
He said we are committed to bringing Iranian crude oil exports to zero as quickly as market conditions will permit.