Venezuela's National Assembly has OK'd easing oil sector regulations, seeking to attract private and foreign investment in the nation's main industry.

Il Parlamento venezuelano ha approvato una riforma che apre il vasto settore petrolifero alla partecipazione di capitali privati, segnando un'inversione storica rispetto alla…

Il Parlamento venezuelano ha approvato una riforma che apre il vasto settore petrolifero alla partecipazione di capitali privati, segnando un'inversione storica rispetto alla…

La riforma prevede una significativa riduzione del controllo statale sulla gestione dei giacimenti petroliferi

The change could pave the way for more foreign investment in the country's oil industry.

It comes weeks after the U.S. launched a military strike inside the country.

Law will give private companies more control but experts unsure whether reforms go far enough for US

Venezuela's acting President signs oil industry overhaul, attracting investors by easing state control amidst significant geopolitical changes.

Venezuela's National Assembly has OK'd easing oil sector regulations, seeking to attract private and foreign investment in the nation's main industry.