Traders are still weighing the timing and impact of U.S. President Joe Biden’s decision on Saturday to ease oil sanctions on Venezuela and grant Chevron a license to resume oil production in the country.
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President Joe Biden starts to lift sanctions on VenezuelaVenezuela sits on 20% of the world’s proven oil reserves. The war in Ukraine has made everyone more nervous about oil supplies, and therefore made the cost of isolating Venezuela seem higher
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Chevron to resume Venezuela oil production as US eases sanctions\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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Chevron to resume Venezuela oil exports as US eases sanctions\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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U.S. Eases Sanctions on Venezuela With Chevron Resuming Oil OutputThe Biden administration granted oil giant Chevron Corp. a license to resume oil production in Venezuela after U.S. sanctions halted all drilling activities almost three years ago
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Venezuela takes first step out of political stalemateThe government and opposition agree that billions of dollars frozen abroad be released to help fund social projects.
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How does the EU respond to Joe Biden’s $369bn green subsides bill?\n\t\t\tJournalists in 50+ countries explore developments in global commerce from every perspective.\n\t\t\tFor Premium subscribers, we offer our dedicated ‘FT Free Trade’ newsletter every Tuesday and Thursday.\n\t\t
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