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u.s. Issues a License to Allow Its Companies to Exploit and Trade Venezuelan Oil

Summary by EFE
The U.S. issued a license to authorize U.S. companies to exploit and trade in Venezuelan oil, a sanctioned sector.

12 Articles

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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…

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The U.S. issued a license to authorize U.S. companies to exploit and trade in Venezuelan oil, a sanctioned sector.

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The U.S. Treasury Department today issued a licence to allow American companies to carry out certain activities of exploration and marketing of Venezuelan oil, a sector punishable by Washington. This measure represents a further step in the approach between the Administration of Donald Trump and the Government of Venezuela's internal president, Delcy Rodríguez, who have restored diplomatic relations between both countries since 2019.

·Funchal, Portugal
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US relaxes energy sanctions on Venezuela through new Treasury Department licenses Published: 13.03.2026 / redpres.com Photo Redpres.com/RPN The U.S. Treasury partially relaxes sanctions against PDVSA through three specific licenses ...

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The authorization represents a new step in the rapprochement between the administration of President Donald Trump and the government of the interim president of Venezuela, Delcy Rodríguez.

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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, [...] The U.S. entry issues license to allow its companies to exploit and trade Venezuelan crude oil was first published in Fo…

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EFE broke the news in on Friday, March 13, 2026.
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