Venezuela asks Wall Street debtholders to help get U.S. sanctions lifted so its oil can flow again
, Wall Street firms and other U.S. investors are seeing an opening to press the Biden administration to lift sanctions against a potentially major Western Hemisphere producer of crude, Venezuela.
Venezuela’s regime, anxious to regain access to international credit and attract foreign investment to get a feeble economy going again, has been quietly sweetening the pot for Wall Street bondholders so they help persuade the Biden administration to start removing sanctions.
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