Strategy Note /
VenezuelaVenezuela: Hopes for sanctions relief fades as reality sets in
Defaulted Venezuelan bonds jump on hopes of easing in US sanctions on Venezuela to fill gap caused by Russian oil ban
However, Biden administration has seemingly rowed back amid domestic criticism
Sanctions relief tied to "concrete" progress in government-opposition talks, which could be slow and cap further upside
Stuart Culverhouse
Chief Economist & Head of Fixed Income Research @ Tellimer Research
23 March 2022
Published byTellimer Research
