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Good morning from the Financial Times.
Today is Thursday, March 19th, and this is your FT News Briefing.
Venezuelan oil now has an easier path to the global market.
And the Fed is staying the course.
Plus, the fallout between Pakistan and the Taliban is having deadly consequences.
We saw a particularly deadly episode in Monday that showing
that civilians are not being spared from this kind of violence.
I'm Sonia Hudson, and here's the news you need to start your day.
The U.S. relaxed sanctions on Venezuela's state-owned oil group yesterday.
PDVSA will now be allowed to sell oil directly to U.S. companies and on the global market.
But payments must be sent to U.S.-controlled accounts.
The move comes as the Trump administration wants to open up Venezuela's oil sector.
The U.S. abducted and arrested socialist leader Nicolas Maduro back in January.
The administration is also looking to alleviate some of the crunch
on the global oil market that was caused by the Iran war.
But experts have warned it could take years to revitalize Venezuela's oil sector.