US soon to license expanded oil production in Venezuela, sources say

Core Viewpoint - The U.S. government is planning to issue a general license for companies to produce oil and gas in Venezuela, aiming to increase output from OPEC [1] Group 1 - The license could be issued as early as this week, indicating a swift move by the Trump administration [1] - This initiative is part of a broader strategy to expand oil and gas production in Venezuela, which has significant reserves [1]