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Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector

Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay. [Source]

Publication Date:

Origin: nytimes.com

Category: Venezuela

Topics: taxes, slash, opens, companies, foreign, conditions, improves, legislation, pressure, administration, Trump, Bowing, Sector, Overhaul, Sweeping, Approve, Lawmakers, Venezuelan

Source: https://www.nytimes.com/2026/01/29/world/americas/venezuela-new-law-oil-foreign-companies.html