The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Thursday that it has determined four sham charities are directly bankrolling Hamas’s military […] Source
The Treasury Department made it easier Friday for U.S. businesses and farmers to buy Venezuelan fertilizer and oil as their prices rise because of the Iran war, Axios has learned. Why it matters: The bottleneck of tankers in the Persian Gulf because of Iranian attacks has caused the costs of oil and fertilizer, a petrochemical product, to jump. It threatens to spike inflation and raise the cost of food in the U.S. - By reducing sanctions on oil-rich Venezuela, Treasury Secretary Scott Bessent hopes to increase supplies in the U.S. and lower prices. Zoom in: The Office of Foreign Assets Control, which manages sanctions, took separate actions that authorized U.S. business and farmers to: - Purchase and import Venezuelan petrochemical…
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Thursday that it has determined four sham charities are directly bankrolling Hamas’s military […] Source
Almost the moment Venezuela’s ex-President Nicolás Maduro began cooling his heels in an American jail cell, President Donald Trump announced that the United States would be taking over Venezuela’s oil resources for pleasure and profit. “We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in and […] The post Companies Are Skeptical of Venezuela’s Oil Fields appeared first on The American Conservative .
Latin America Companies Are Skeptical of Venezuela’s Oil Fields Multinationals with existing investments in the region are happy, but new investment may be hard to come by. Almost the moment Venezuela’s ex-President Nicolás Maduro began cooling his heels in an American jail cell, President Donald Trump announced that the United States would be taking over Venezuela’s oil resources for pleasure and profit. “We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in and spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making…Open