The US is reportedly considering lifting sanctions on Venezuela's central bank
to improve the flow of funds into the country's economy, according to sources
familiar with the matter. This decision could facilitate the circulation of
proceeds from oil sales, which have been hindered by restrictions and compliance
checks that isolated Venezuela from global banking. This move aims to ease
economic bottlenecks, including delays in payments to local firms involved in
crude production, as transactions linked to the state oil firm PDVSA face
heightened scrutiny. The White House confirmed it is exploring further steps to
support Venezuela’s economic recovery.
