
US Treasury Allows Resale of Venezuelan Oil to Cuba
The U.S. Treasury Department has announced a new licensing policy that will permit the resale of Venezuelan oil to Cuba, aiming to alleviate the island's fuel shortages.
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The U.S. Treasury Department has announced a new licensing policy that will permit the resale of Venezuelan oil to Cuba, aiming to alleviate the island's fuel shortages.
In a dramatic step, the U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over its alleged illicit ties to Russia and Iran.

The U.S. Treasury Department has imposed new sanctions on four individuals, several entities, and oil tankers linked to Iran, according to an announcement on its website.