“a senior administration official said the easing of sanctions was not driven by the oil market pressures and was instead a response the Venezuelan regime’s decision this week to participate in the negotiations with opposition groups. Those talks, which were originally launched in Mexico City in September 2021, are expected to focus on humanitarian programs and setting future elections.”
https://www.politico.com/news/2022/11/26/biden-chevron-permit-venezuelan-oil-sales-00070836