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Macro Finance

Venezuela Oil Gear to Be Repaired in US for First Time in Years

Bloomberg Markets·November 11, 2026·1 min read

Venezuela is sending state-owned oil equipment to the US for repairs for the first time in more than a decade. This marks a re-engagement with traditional suppliers after years of sanctions and underinvestment. The move signals a potential shift in US-Venezuela relations and could help the country revive its oil industry.

Read at Bloomberg Markets
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