The U.S. government authorized its companies to transact with PDVSA, Venezuela's state oil company, through a general license issued by the Department of the Treasury.
The measure represents a key change in Washington's energy policy, aimed at increasing the global supply of oil in a context of strong international tension.
A decision marked by the global energy crisis
The shift comes amid the impact of the war in the Middle East and the restrictions on the Strait of Hormuz, factors that pushed oil prices to levels above $100 per barrel
.Faced with this scenario, the Donald Trump administration seeks to stabilize the global energy market by increasing supply.
The authorization will allow U.S. companies to buy, transport and trade Venezuelan oil under certain conditions.
How the new license works The general license
issued by the Office of Foreign Assets Control (OFAC) enables multiple types of operations with PDVSA and its subsidiaries
.Among them:
oil export and marketing
, transportation and refining of crude
oil, commercial and financial agreements
However, transactions must comply with strict controls: payments will be channeled through accounts supervised by
the U.S. Treasury.In addition, restrictions are maintained for operations with sanctioned countries such as Russia, Iran or China.
Reactivating the Venezuelan oil industry
The objective of the measure is to promote the recovery of the Venezuelan energy sector, which is seriously deteriorating after years of sanctions and mismanagement
. TheUnited States is betting that the opening will generate:
new international investment
