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Trump’s Oil Deal Lifts Venezuela Bonds Ahead of Debt Rework

Key Points

Venezuelan bonds have jumped since the Trump administration moved to take control of a huge swath of the country’s oil reserves, with investors factoring in the prospect of higher crude production as they await a debt restructuring that could top $200 billion.

Venezuelan bonds have jumped since the Trump administration moved to take control of a huge swath of the country’s oil reserves, with investors factoring in the prospect of higher crude production as they await a debt restructuring that could top $200 billion.
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Originally published by Bloomberg Markets Read original →