Kejal Vyas

speaker

37 appearances 1 recordings 1 series first heard Jan 2026 last heard 9 Jan

Kejal Vyas’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

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WSJ What’s News · How Giving Over Its Oil to the U.S. Could Revive Venezuela’s Economy · 9 Jan 2026 podcast

All of this really hinges on a very, very fragile political detente between the U.S.

and Venezuela.

So ensuring that this money gets to them is going to be very vital for the stability of the Venezuelan economy.

So there's still a lot of details on this plan that we do not know.

The US has said that it will handle Venezuela's oil sales, hold proceeds of those sales in some account controlled by the US government and will eventually transfer that money to Venezuela.

But they say they will do so in a way that does not enrich Venezuela.

the corrupt regime and does not enrich the fat cats, so to speak.

They want this money to be only used for the benefit of Venezuelan people and stimulating imports.

Now, as kind of extraordinary of an idea as that sounds, there are some economists who say that this could actually sort out some kinks in the Venezuelan system over the years.

Most importantly, on the corruption aspect, Venezuela's public finances have been an absolute black box in recent years.

And so if the U.S.

comes through with a promise to efficiently

get money to the private sector, to importers.

It could resolve many of the problems that the country has faced.

At the same time, it also alleviates a huge backlog in Venezuela's oil industry.

30, 35 million barrels of oil that are just stuck in Venezuelan storage facilities.

that can't go out.

There's also one other important potential benefit.

This effectively implies a restart of commercial ties between Venezuela and the U.S.

Current oil shipments, a significant portion of them go to China and do not generate any cash at all because a lot of it goes to pay back debts from years ago that the government took on from Beijing.

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