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Venezuela approves new law opening its oil industry as Trump threatens more tariffs on countries selling oil to Cuba

Summary by RNZ
In a move by Caracas to meet the demands of the US president, Venezuela has approved a law change that will make it easier for foreign companies to take part in its oil industry.

2 Articles

Lima, 31 Jan (Latin Press) The Socialist Left Party (IS) of Peru today considered the arguments used by the United States to justify the tariff threats to countries that supply Cuba with oil false, ridiculous and unsubstantiated. The post Peruvian Party considers the U.S. ridiculous allegations against Cuba first appeared on Noticias Prensa Latina.

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RNZ broke the news in New Zealand on Saturday, January 31, 2026.
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