ofac

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    Fertilizer Exports to US Possible as US Revives Venezuela Energy Sector

    Washington, March 14 – The United States has expanded authorizations for Venezuela's energy and petrochemical sectors, a move that could help stabilize global fertilizer and oil supplies – developments closely watched by major importers such as India.The US Treasury Department said the changes...
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    Justice Department Moves to Confiscate Funds from Iranian Network

    Washington, March 7 – The United States has filed civil forfeiture complaints seeking to seize more than $15 million allegedly linked to an illicit Iranian oil distribution network accused of evading American sanctions and using the US financial system to support entities tied to Iran’s...
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    Venezuela Oil Sector: Trump Administration Facilitates Investment

    February 14, New Delhi: U.S. President Donald Trump said he plans to visit Venezuela and reiterated his satisfaction with its interim leader.The U.S. Treasury's Office of Foreign Assets Control (OFAC) issued two general licenses allowing major oil companies to operate in Venezuela's oil and...
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