U.S. Eases Oil Sanctions on Venezuela Amid Iran Conflict
The Hindu
The U.S. has eased oil sanctions on Venezuela to combat rising gas prices amid the Iran war. Discover the implications for global oil markets and U.S. politics.
U.S. eases sanctions on Venezuela's oil sector amid Iran war.
Gas prices hit a 2.5-year high at $3.84 per gallon.
Trump waives Jones Act to facilitate oil transport.
Experts predict 12-18 months for impact on Venezuelan output.