US further eases sanctions on Venezuela oil as Iran war drives up prices Related news
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WASHINGTON The Trump administration moved Wednesday to further loosen sanctions on the sale of Venezuelan oil in response to a spike in energy prices caused by the US-Israeli war on Iran. The Treasury Department's Office of Foreign Assets Control, the agency responsible for US sanctions, issued a three-page general license facilitating the sale from Venezuela's state-run oil company Petroleos de Venezuela S.A (PDVSA) to US companies. "Today, the Treasury Department’s Office of Foreign Assets
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