US soon to issue general license for oil production in Venezuela: Report
Published on: Feb. 4, 2026, 6:59 a.m. | Source: The Economic Times
The U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move aims to encourage expanded output in the OPEC nation, with President Trump seeking U.S. firm investment to restore its energy industry.
