Venezuela moves to prop up currency with $300 million from US oil sale

Jan 21, 2026 - 07:36
Venezuela moves to prop up currency with $300 million from US oil sale
Interim leader Delcy Rodriguez said the sum would be used to 'stabilize' the foreign exchange market. Before the US incursion on January 3, Venezuela had been forced to offer huge discounts on its crude oil to circumvent a US embargo.
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