The Trump administration authorized Venezuela to sell fertilizers and other petrochemicals to US companies, further loosening sanctions just as the Iran war tightens global supplies of critical crop nutrients.
The new measure, disclosed Friday in Treasury Department documents, expands a US effort to gradually reintegrate Venezuela into the global energy market. The White House aims to stimulate the South American nation’s economy after US forces captured President
The move comes as US farmers rush to secure fertilizers in the peak spring planting season, especially ammonia and urea that Venezuela once exported in abundance. The escalating conflict ...