Majeed KSA
@majeed66224499
They are not waiting on the sideline.
Big companies entering Venezuela headfirst.
Big oil companies like Chevron and Shell are trading assets and making deals with Venezuela so they can produce more oil and gas there and make more money as the country opens up its energy sector again.
Within 30 days of the new mining law’s approval in April 2026, Venezuela must finalize the detailed regulations and contract rules needed to turn the law into actual mining agreements and operations for foreign investors.
They NEED the rate this month for the foreign contractors to start working immediately and to increase wages for citizens by May 1.
They need the new rate this month… it only takes the OFAC to remove sanction on Venezuela central bank.
With big deals like this.
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It means the central bank of Venezuela is being used.
Venezuela’s central bank is less focused on traditional monetary policy and more focused on managing dollars earned from oil, gas, and mining exports because those dollars now Keeps the economy functioning.
Now the central bank getting filled with dollars meaning removing the section from their central bank will be really really really fast… since the sanction got removed from Venezuela president… which caused her country to be able to access US financial system and assets abroad.
Source(s):
• https://x.com/majeed66224499/status/2043894713393013127
• https://x.com/majeed66224499/status/2043897962477101328
• https://x.com/majeed66224499/status/2043901684494037295
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