US Allows Some Oil Companies to Produce Oil, Gas in Venezuela

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Why This Matters

The US has granted licenses to Western oil companies to operate in Venezuela, a move aimed at reviving the country's oil-dependent economy.

Market Impact

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

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The Trump administration issued licenses allowing a handful of Western oil companies to operate in Venezuela, the latest step in a campaign to revive the country’s oil-dependent economy.

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Original article published by Bloomberg on February 13, 2026.
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