U.S. gives license to oil firms to operate in Venezuela, Bloomberg says

The White House has issued a general license expanding the ability of oil companies to operate in Venezuela, Bloomberg’s Patricia Garip, Jennifer A Dlouhy, Eric Martin, and Lucia Kassai report. The move marks a major step to ease sanctions under the new U.S.-backed leadership in the South American country, the authors note. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).