The U.S. energy policy has shown a clear shift. Washington is expanding licensing for Venezuelan oil while directly intervening in crude oil sales control, pushing major U.S. oil companies and traders to restart one of the world's largest crude oil production systems. The logic behind this is clear: under the pressure of energy security, sanctions policies are beginning to loosen. This means that the global crude oil supply landscape is adjusting, which in the long term will affect energy price expectations and the risk pricing of related assets. For investors concerned with macroeconomic cycles, this policy shift is worth close monitoring.