The Treasury Department is easing sanctions on Venezuela’s state oil company, with some limits. The Trump administration is looking for ways to to ease oil prices that have soared during the Iran war. The U.S. issued a license on Wednesday that lets Venezuela's state-run company sell and export Venezuelan oil to U.S. buyers and on global markets. The move could have the effect of getting more oil into the world market. Separately, the White House says Trump will waive, for 60 days, requirements for goods shipped between U.S. ports to be moved on U.S.-flagged vessels for 60 days. That 1920s law is often blamed for making gas more expensive.
