Commodities
Venezuela’s Leader Rolls Out Red Carpet for Oil Investors
An oil tanker in Lancheria, Anzoatequi, Venezuela, Jan. 9.
Photographer: Lucio Tavora/Xinhua/Getty Images
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A proposal by Venezuela’s new leader to roll out a red carpet for oil investors passed an initial vote Thursday, allowing for the bill that would slash taxes, relinquish state control over operations and streamline regulations to move into a second round of debate.