ReferIndia News US Government Preparing to Issue General License Easing Venezuelan Oil Sanctions

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US Government Preparing to Issue General License Easing Venezuelan Oil Sanctions

Published on: Jan. 27, 2026, 11:42 p.m. | Source: scanx.trade

The US government is reportedly preparing to issue a general license that will ease certain sanctions on Venezuela's oil industry, according to sources. This potential policy shift represents a significant development in US-Venezuela relations and could impact global oil markets. The move suggests a recalibration of the US approach toward Venezuelan energy sector restrictions, though specific details and timeline remain to be formally announced.

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