Trump Administration Eases Venezuela Oil Sanctions for U.S. Firms, Signaling Deeper Push to Control Crude Flows

Tekedia | 01-02-2026 11:38am |

The administration of U.S. President Donald Trump on Thursday lifted key restrictions on Venezuela’s oil trade, allowing U.S. companies to buy, sell, transport, and refine Venezuelan crude. The move is part of Washington’s growing efforts to reshape the country’s energy sector while keeping tight control over production and revenues. The decision, announced by the Treasury

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