US EditionUS Eases Sanctions on Venezuelan Oil, Fertilizer Exports
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17 Articles
US Eases Sanctions on Venezuelan Oil, Fertilizer Exports
The United States, on March 13, moved to ease sanctions on Venezuela to allow imports of petrochemical products and investments in Venezuela’s oil industry amid rising commodity prices due to the war in Iran. The U.S. Treasury Department issued a license allowing the sale of Venezuelan oil and petrochemical products, including fertilizer and its precursor chemicals, for import into the United States. It also issued a second license authorizing U…
Following Russia, the U.S. eases oil sanctions on Venezuela to stabilize raw material supply. As fertilizer prices surged in the aftermath of the war with Iran, the United States further eased sanctions on Venezuela as a desperate measure to mitigate the impact on domestic farms. Reuters reported on the 13th (local time) that the U.S. Treasury Department [adjusted] sanctions on Venezuela's energy industry and petrochemical sectors
Washington, 13 Mar (EFE).- The U.S. Treasury Department issued a license this Friday to authorize U.S. companies to operate and commercialize Venezuelan oil, a sector sanctioned by Washington. This measure represents a further step in the rapprochement between the Donald Trump Administration and the interim president's government, Delcy Rodríguez, which last week restored diplomatic relations between the two countries, broken since 2019. Scott B…
The U.S. issued a license to authorize U.S. companies to exploit and trade in Venezuelan oil, a sanctioned sector.
CARACAS, Venezuela.- The U.S. Treasury Department issued a license that authorizes U.S. companies to exploit and trade in Venezuelan oil, partially easing the sanctions that Washington maintained on the energy sector of the South American country. The authorization was issued by the Office of Foreign Assets Control (OFAC) and allows companies to [...] The U.S. entry authorizes companies to trade in Venezuelan oil aparece primero en PSN Noticias.
The U.S. Treasury Department issued a license this Friday that allows U.S. companies to operate, transport, storage and commercialize Venezuelan oil and its derivatives, a sector that was sanctioned by Washington. The bill represents a new step in the rapprochement between the Donald Trump administration and the government of the “interim president,” Delcy Rodríguez, after last week both countries restored diplomatic relations, broken since 2019.
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