In Venezuela, President Hugo Chavez has announced he has no plans to cut oil exports to the United States. Chavez threatened to halt shipments earlier this month over a dispute with the oil giant ExxonMobil. Exxon won court rulings freezing the Venezuelan state oil company’s foreign assets and bank accounts as part of an attempt to recoup an investment in a nationalized Venezuelan oil project. But Venezuela says Exxon is trying to recover more than ten times what its investment was actually worth. On Sunday, Chavez clarified his statement, saying he would cut shipments only if the U.S. attacked Venezuela or once again supported a military coup.

Venezuelan President Hugo Chavez: “I repeat to the world, we have no plans to stop sending oil to the United States. We don’t have that in our plans. It is not part of our plan. I have only said, if the imperialists attack Venezuela and meddle with us or try to harm us, as they have harmed us before, we will. We would have to make a decision not to send a single drop of our oil to the United States.”