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US blockade likely to reduce foreign currency in Venezuela, stoke inflation

Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under sanctions, analysts and business leaders said, likely stoking inflation in the OPEC member.

Dec 17 (Reuters) – Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming weeks after Washington ordered a blockade of oil tankers under sanctions, analysts and business leaders said, likely st… [3784 chars]

Source: Reuters | Published: 2025-12-17T17:36:04Z

Credit: Reuters

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