The Treasury Department on Wednesday eased sanctions on some Venezuelan oil companies in an apparent bid to help global oil supply amid a deepening economic crisis due to the escalating conflict with Iran. The issued license authorizes Petróleos de Venezuela, S.A. (PdVSA) and any entity it holds majority ownership in to sell Venezuelan oil…
Politics
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Treasury easing Venezuela oil sanctions in bid to boost global supply
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CitrixNews Staff
Originally reported by The Hill
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