Scoop: Trump eases Venezuela sanctions on oil, fertilizer to blunt Iran war costs
By Marc Caputo
Published on March 13, 2026.
The US Treasury Department has made it easier for U.S. businesses and farmers to purchase Venezuelan fertilizer and oil as prices rise due to the Iran war. This move is part of a broader effort to reintegrate the U.K. and Venezuela's economies after the US ousted Venezuela's leader, Nicolas Maduro. The Office of Foreign Assets Control also approved separate actions allowing for U.,S. business and farmer activities.
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