Following the removal of Venezuelan President Nicolás Maduro on January 3, 2026, the Trump administration has taken actions to expand Venezuela-related oil trade and investment opportunities, primarily for U.S. companies. While the broader framework of U.S. sanctions for Venezuela’s regime remains in place, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has … Continue reading OFAC Issues Venezuela General Licenses Authorizing Certain Oil-Related Activities