Trump's administration has made billions in revenue from Venezuelan oil, but it's proving tricky to work out where that money has gone.

Donald Trump’s administration has made billions of dollars in revenue from Venezuelan oil sales this year, but it’s proving tricky to work out where that money has gone.

The US took control of Venezuela’s oil exports earlier this year after the military operation resulting in the capture of president Nicolás Maduro.

Vice-president Delcy Rodríguez was installed as leader, and the US suspended some sanctions on Venezuela with Trump saying they would help “fix” Venezuela’s oil infrastructure to “start making money for the country.”

But, six months on from the US taking control of Venezuela’s oil exports, there is little evidence of any economic boost for the South American nation.

  • Winning@lemmy.world
    28·
    1 day ago

    there is little evidence of any economic boost for the South American nation.

    Weird ass shit that could only come out of the mouth of an ‘economist.’ They’re still pulling bodies out of buildings from the massive earthquake they had, and this clown thinks he sees economic indicators from the oil industry. Stop looking at stock charts and go touch grass.