US Issues License for Oil Companies to Operate in Venezuela

The Trump administration issued a general license expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in...

By Jennifer A Dlouhy, Patricia Garip, Eric Martin, Lucia Kassai · Bloomberg Markets

The Trump administration issued a general license expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.