US moves to open Venezuela’s vast crude reserves to Big Oil

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The US Treasury has issued a 'general licence' allowing US companies to purchase and resell Venezuelan oil, potentially opening up the country's vast crude reserves to Big Oil.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Treasury issues ‘general licence’ that will allow US groups to purchase and resell Venezuelan oil

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Full article on Financial Times
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Original article published by Financial Times on January 30, 2026.
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