Wednesday, January 20, 2021

Tag: Venezuela’s Gold Vaults Empty As Iran Takes Bullion For Oil Services Rendered

Venezuela’s Gold Vaults Empty As Iran Takes Bullion For Oil Services Rendered

from ZeroHedge:

With cash levels dwindling and its once mighty oil sector on its knees and needing help desperately, OilPrice.com’s Tsvetana Paraskova reports that Nicolas Maduro’s regime in Venezuela is paying Iran in gold for help with Venezuela’s crumbling oil industry, U.S. Special Representative for Venezuela Elliott Abrams said at a conversation with Washington-based think tank Hudson Institute this week.

Venezuela’s oil output is at record lows…