Trump Eases Venezuela Sanctions, Allows US Companies To Buy And Refine Oil

Trump Eases Venezuela Sanctions, Allows US Companies To Buy And Refine Oil

Last Updated:January 30, 2026, 12:16 IST The Treasury’s general license permits US companies to engage in transactions involving Venezuelan crude oil. US President Donald Trump The Donald Trump administration lifted key sanctions on Venezuela’s oil industry, authorizing US companies to buy, sell, transport and refine Venezuelan crude as the White House declared Washington intends to…

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‘Good For Venezuela, Great For US’: Trump Meets Oil Executives At White House

‘Good For Venezuela, Great For US’: Trump Meets Oil Executives At White House

Last Updated:January 10, 2026, 07:09 IST Trump met oil industry leaders at the White House,urging major investment in Venezuela’s petroleum reserves after US military action, aiming benefits for both Venezuela and the US. US President Donald Trump (Photo: AP) US President Donald Trump on Friday (local time) held a meeting with oil industry leaders at…

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