US EditionVenezuela says $300-mn US oil sale used to prop up currency
Interim leader Delcy Rodriguez will use $300 million from a US-brokered $500 million Venezuelan crude sale to stabilize the bolivar and protect workers' purchasing power.
- On Tuesday, Interim president Delcy Rodriguez confirmed receipt of $300 million from Washington's US-brokered sale of Venezuelan crude and said it will be used to "stabilize" the foreign exchange market and protect workers' purchasing power.
- Amid a six-year-old US oil embargo that squeezed dollars, the US announced last week it had completed a $500 million sale of Venezuelan crude following Nicolas Maduro's capture.
- On the black market, dollars traded recently for up to 100 percent above the official rate, and Ecoanalitica said intervention aims to narrow that gap while Rodriguez has begun releasing some of the estimated 800 political prisoners.
- On Monday, Delcy Rodriguez appointed a US-educated banker to head the main investment agency, while parliament controlled by her allies announced plans to reform 29 laws, including foreign investment rules in the oil sector.
- US forces seized another Venezuela-linked tanker on Tuesday amid multiple apprehensions, while potential foreign investors urge urgent legal reform before committing capital.
75 Articles
75 Articles
The interim president of Venezuela, Delcy Rodríguez, reported Tuesday the income of the first 300 million dollars coming from the sale of Venezuelan oil by the United States, destined to try to stabilize the exchange market.The United States attacked Venezuela on January 3 and overthrew Nicolás Maduro, who now faces justice in the United States under drug trafficking charges.Since then, Washington controls the sale of Venezuelan crude oil and ag…
der Standard AT
der Standard DEThe money is intended to stabilise the foreign exchange market, which is the first proceeds after an agreement with the USA.
“That money will be used to stabilize the foreign exchange market and protect the income and purchasing power of our workers,” said Venezuelan interim leader Delcy Rodríguez.
January 20, 2026 – Caracas – EFE. Delcy Rodriguez, who holds the presidency in charge of Venezuela, reported Tuesday on the entry of three hundred million dollars into the national coffers. This amount is the initial result of the oil operations carried out recently. The announcement occurs shortly after the US government confirmed a pact to market Venezuelan crude for a total value of five hundred million dollars. During a public activity carri…
Venezuela has received $300 million from a $500 million oil sale organized by the United States, according to government statements. The interim president wants to stabilize the foreign exchange market with the money.
On Tuesday, Congressman Nicolás Maduro Guerra, son of Venezuelan President Nicolás Maduro, reiterated his support for the "high political command" led by the president-in-charge, Delcy Rodríguez, who took over the functions of the executive after the capture of the chavista leader by US forces."We sent from La Guaira all the support for the high political command, the team that Nicolás Maduro Moros left here, compañera Delcy Rodríguez, president…
Coverage Details
Bias Distribution
- 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
