US Treasury Department Eases Sanctions on Venezuelan Banks

The United States Treasury Department has relaxed sanctions against Venezuelan banks as diplomatic relations between Washington and Caracas have improved following the detention of Venezuelan President Nicolás Maduro. The sanctions relief represents a significant shift in US policy toward Venezuela, which has been subject to extensive economic penalties for years. The warming of relations appears linked to recent developments involving Maduro's detention, though the specific circumstances and nature of this detention were not detailed in the available reports.