U.S. Eases Sanctions on Venezuela: Oil Giants Reenter amidst New Opportunities
Published on: Feb. 14, 2026, 12:18 a.m. | Source: Devdiscourse
The United States has eased sanctions on Venezuela's energy sector, allowing oil majors such as Chevron, BP, Eni, Shell, and Repsol to operate oil and gas projects with general licenses. This is the largest sanction relaxation since Nicolas Maduro's capture, aiming to attract new investments and support economic recovery.
