US Eases Venezuela Oil Sanctions To Allow Trade As Iran War Drives Up Prices

US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday.

Mar 19, 2026 - 03:00
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US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday.

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