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Scott Bessent hints at imminent lifting of U.S. sanctions on Venezuela
politics Jan 10, 2026, 10:15 PM
Scott Bessent hints at imminent lifting of U.S. sanctions on Venezuela
  • U.S. Treasury Secretary Scott Bessent signaled that sanctions on Venezuela might be lifted imminently to support oil sales.
  • Venezuela holds $4.9 billion in frozen IMF Special Drawing Rights, which could soon be accessible.
  • The hope is that lifting sanctions could pave the way for economic recovery and ultimately revive tourism in the beleaguered nation.
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