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Venezuela approves new law opening its oil industry as Trump threatens more tariffs on countries selling oil to Cuba

todayJanuary 30, 2026

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Venezuela approves new law opening its oil industry as Trump threatens more tariffs on countries selling oil to CubaVenezuelan lawmakers have approved a law change that will make it easier for foreign companies to take part in the country’s oil industry, in a move by Caracas to meet the demands of US President Donald Trump.

Source: www.myjoyonline.com

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