US loosens Venezuela oil sanctions to shore up global supply amid Iran conflict
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Source: The Manila Times
Published: 2026-03-19 02:12 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
WASHINGTON — US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost world oil supplies during the Iran war.
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