Venezuela says it has received $300 million from US oil sale used to prop up currency
- Posted on January 20, 2026
- By Le Monde
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Venezuela says it has received $300 million from US oil sale used to prop up currency
Delcy Rodriguez said the sum from a $500 million sale conducted by Washington would be used to 'stabilize' the foreign exchange market. Before the US capture of longtime leader Nicolas Maduro on January 3, Venezuela had been forced to offer huge discounts on its crude to circumvent the US oil embargo.
