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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Steve203 ⎊❂🐝 HONORARY
SHREWD
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Number: of 86289 
Subject: money, money, money
Date: 03/19/26 2:18 AM
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I maintain, it was *not* a coincidence that Trump the Conqueror seized Venezuela's oil reserves, before starting the war with Iran.

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

The Treasury issued a broad authorization allowing Petróleos de Venezuela S.A, or PDVSA, to directly sell Venezuelan oil to U.S. companies and on global markets, a massive shift after Washington for years had largely blocked dealings with Venezuela’s government and its oil sector.

The U.S. license provides targeted relief from sanctions, but does not lift the penalties altogether. The license allows companies that existed before Jan. 29, 2025, to buy Venezuelan oil and engage in transactions that would normally be banned under American sanctions, reopening trade for a major oil producer to global markets.

Payments cannot go directly to sanctioned Venezuelan entities such as PDVSA, but must be sent instead to a special U.S.-controlled account. In other words, the U.S. will allow the oil trade but will control the cash flow.


msn.com - US eases venezuela oil sanctions as trump seeks to boost world oil supply during iran war

Steve
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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