WASHINGTON, D.C. (Fox News) — Trump administration eases sanctions on Venezuelan oil industry.

## Key Facts:
– Sanctions are being eased as the U.S. aims to increase oil production in Venezuela after the capture of dictator Nicolás Maduro.
– Transactions involving the Venezuelan government and state-owned oil company PdVSA are authorized by the U.S. Treasury.
– Significant carve-outs exclude transactions with entities in Russia, Iran, North Korea, or Cuba.
– President Trump pushes for expanded oil production in Venezuela.
– Commercial airspace over Venezuela is set to reopen for American citizens.

## Conclusion:
The Trump administration’s decision to ease sanctions on Venezuela’s oil industry comes as the U.S. seeks to boost oil production in the country. President Trump’s push for expansion and the reopening of commercial airspace signal a shift in U.S.-Venezuela relations.