Venezuelan Coastal Range
mountain in Venezuela
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politics Jan 29, 2026, 10:56 PM
Trump administration eases sanctions on Venezuelan oil industry post-Maduro capture - The U.S. has authorized limited oil transactions involving Venezuela's government and PDVSA to stimulate investment.
- Sanctions on the oil industry remain for entities from countries like Russia and China.
- This move signals a potential recovery for Venezuela's oil sector and an expansion of U.S. energy production interests.
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2026 All rights reserved
2026 All rights reserved