Politics

U.S. eases sanctions on Venezuelan oil as Trump seeks to boost world oil supply during Iran war

FILE PHOTO: Fuel tank trucks of Venezuelan state oil company PDVSA parked at Puerto La Cruz oil refinery in Puerto La Cruz

WASHINGTON (AP) — U.S. 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…

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