Concerns about escalating tensions in the Middle East and the impact on global oil supplies increase the likelihood that the US will renew its sanctions waiver on Venezuela when the current one expires on Thursday. A rise in key oil exports would help the economy, which is finally pulling out of its multi-year depression. But the real test will come with July’s election, which could lead to a re-imposition of sanctions.
In view of the wider interest, we are also sending this Latin America Economics Update to clients of our Energy service.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services