GK and monthly revision

Venezuela’s acting President signs oil industry overhaul, easing state control to lure investors

The acting President of Venezuela has approved an overhaul of the country's energy industry law, easing state control to attract foreign investment. This move comes less than a month after the seizure of the then-President Nicolas Maduro in a U.S. military attack in the capital. The new law aims to revive Venezuela's oil industry, which has been crippled by years of mismanagement and economic crisis.