Venezuela Bond Rally Sputters as Trump Locks Away Oil Money

An oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, in 2023. — An oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, in 2023.
Photographer: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

January 12, 2026 at 4:59 PM UTC

Lea en español

Venezuela bonds slipped after President Donald Trump moved to block creditors from accessing oil revenue, raising doubts about the size of a payout in any eventual debt restructuring.