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US Treasury to Allow Resale of Venezuelan Oil to Cuba to Ease Island’s Fuel Crunch

By Kimberly Hayek The U.S. Treasury Department on Wednesday announced a new licensing policy to streamline the resale of Venezuelan oil to Cuba, with the goal of supporting the island’s private sector and bolstering humanitarian efforts amid ongoing fuel crises. The Office of Foreign Asset Control (OFAC) will extend the new licensing policy to specific […]

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