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Economy Politics Country 2026-01-14T04:22:26+00:00

Venezuela rolls back oil production cuts

Venezuela's state oil company (PDVSA) has started reversing production cuts imposed under a U.S. embargo, resuming oil exports under U.S. supervision.

Venezuela rolls back oil production cuts

Three informed sources said on Tuesday that Venezuela's state oil company (PDVSA) has begun rolling back oil production cuts made under a strict U.S. oil embargo, as crude exports resume under U.S. supervision.

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Venezuela: US Begins Unfreezing Frozen Assets
2026-01-28T04:18:48+00:00

Venezuela: US Begins Unfreezing Frozen Assets

Acting Venezuelan President Delcy Rodriguez announced the start of the process to unfreeze Venezuelan assets frozen by US sanctions. This decision marks a significant step in bilateral relations normalization and will directly impact the country's economy.
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Trump Administration Holds Venezuelan Oil Funds in Qatari Bank
2026-01-28T04:11:42+00:00

Trump Administration Holds Venezuelan Oil Funds in Qatari Bank

The Trump administration is holding hundreds of millions from Venezuelan oil sales in a Qatari bank to prevent creditor interference and ensure stability in Venezuela, raising questions about transparency and potential misuse of funds.
Economy Politics Country
Venezuela Expects 55% Growth in Oil Investments
2026-01-27T04:25:15+00:00

Venezuela Expects 55% Growth in Oil Investments

Acting Venezuelan President Delcy Rodriguez forecasts a 55% increase in oil sector investments by 2026 due to planned reforms to attract foreign investors.
Economy Politics Country
First Venezuelan oil shipment sails directly to US
2026-01-26T07:30:45+00:00

First Venezuelan oil shipment sails directly to US

A Trafigura-chartered tanker has left Venezuela's Jose port for Louisiana. This is the first oil shipment sent directly to the US under a 50 million barrel deal between Venezuela and the US.
Economy Politics Country