The US has officialy eased some restrictions on Venezuela's oil, gas & gold sectors

<p>
U.S. Treasury department news via Reuters:</p><ul><li>Says it is issuing
6-month license authorizing transactions in Venezuela's oil and gas
sectors
</li><li>Says it has also
issued general license authorizing dealings with Venezuela's mining
company Minerven</li><li>Says general license
will be renewed only if Venezuela meets election commitments and
other commitments related to those wrongfully detained
</li><li>Has amended two
licenses to remove secondary trading ban on certain Venezuelan
sovereign bonds and PDVSA debt and equity</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.