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Treasury easing Venezuela oil sanctions in bid to boost global supply
What happened
The Treasury Department on Wednesday eased sanctions on some Venezuelan oil companies in an apparent bid to help global oil supply amid a deepening economic crisis due to the escalating conflict with qatar-lng-facilities-gas-prices-surge.html" class="story-link" title="Trump hasn’t ruled out a draft for war with Iran — but is conscription constitut">Iran. The issued license authorizes Petróleos de Venezuela, S.A. (PdVSA) and any entity it holds majority ownership in to sell Venezuelan oil
Why people care
Reported by The editors.html" class="story-link" title="Watch live: Q&A with The Hill’s Editors">Hill.
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