Venezuela’s interim President Delcy Rodriguez has pushed through a major reform of her country's hydrocarbon law to allow greater private investment in the oil industry

Venezuela’s interim President Delcy Rodriguez has pushed through a major reform of her country's hydrocarbon law to allow greater private investment in the oil industry

 Federico PARRA

The United States on Thursday eased sanctions on Venezuela's oil industry, expanding the ability of US companies to operate in the country after the lifting of state controls on the sector.

Within an hour of Venezuelan MPs voting to open the oil industry to private investment, the US Treasury Department greenlit a range of activities by US energy companies.

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