The Treasury Department made it easier Friday for US businesses and farmers to buy Venezuelan fertilizer and oil as their prices rise because of the Iran war, Axios reports

Context

The U.S. Treasury's easing of restrictions allows for greater access to Venezuelan fertilizer and oil at a time when prices are rising, likely due to supply disruptions stemming from the Iran war. This could lead to short-term relief for U.S. agricultural and energy sectors, but it might also spark concerns about geopolitical implications and long-term dependency on Venezuelan resources.

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