US Treasury issues general license authorising certain activities involving Venezuelan-origin oil or petrochemical products
The issuance of a general license allowing for U.S.
US FX WRAP: Dollar extends on gains as Middle East war rages on
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE UNCHANGED AT 111-13
US Treasury issues general license authorising certain activities involving Venezuelan-origin oil or petrochemical products
US Attorney Pirro says Fed Chair Powell is immune so cannot investigate, no one is above the law, and will appeal the ruling
US President Trump signs two order to boost home ownership, AP reports; signs order reducing mortgage regulations
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activities involving Venezuelan-origin oil indicates a potential easing of sanctions, signaling a shift in U.S. energy policy that could enhance supply dynamics. This may lead to increased market access for Venezuelan oil, impacting prices and sentiment in the energy sector, particularly for WTI crude. Traders should watch for reactions in oil prices and any further regulatory developments that could emerge from this change.
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