LOS ANGELES, March 13 (Reuters) - The United States on

Friday updated waivers to Venezuela sanctions aimed at easing

the way for investment and activities related to the country's

oil and the export of fertilizer, as prices rise amid U.S.

strikes on Iran.

The U.S. Treasury Department issued three updated general

licenses on Friday as part of the move. In a post on X, the

department said it "updated several Venezuela-related licenses

to further support the revitalization of the country's energy

sector and help ensure a well-supplied global commodity market."

"These authorizations expand permitted investment and

activities in Venezuela's energy industry and allow for the

export of fertilizer directly to the U.S. to support our great

American farmers," the Treasury Department said in a post on X.