Trump administration eases sanctions on Venezuelan oil industry after Maduro’s capture

The Trump administration announced Thursday it was easing sanctions on the Venezuelan oil industry, as the U.S. aims to ramp up production in the South American country following the capture of dictator Nicolás Maduro earlier this month.

The U.S. Treasury said it is authorizing transactions involving the government of Venezuela and state-owned oil company PdVSA that are "ordinarily incident and necessary to the lifting, exportation, reexportation, sale, resale, supply, storage, marketing...