Caracas, Jan 29, 2026 (AFP) - US eases Venezuela sanctions after oil sector reforms

NAMPA / AFP

2026-01-30

The United States on Thursday eased sanctions on Venezuela's oil industry, expanding the ability of US companies to operate in the country after the lifting of state controls on the sector. Within an hour of Venezuelan MPs voting to open the oil industry to private investment, the US Treasury Department greenlit a range of activities by US energy companies. The department issued a general license allowing transactions relating to "the lifting, ex......

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