How a U.S. Raid and an Oil War Are Accidentally Reviving Venezuela's Economy
By Florencia Belén Ruiz
Published on April 20, 2026.
Venezuela's GDP is predicted to grow by 12% in 2026, the fastest in Latin America, driven by war-elevated Brent prices above $100, the lifting of most US sanctions under the Trump-Rodríguez rapprochement, and the resumption of exports to previously closed markets including Peru. The IMF and World Bank have announced they are restoring formal ties with Venezuela under acting President Delcy Rodríeguez, ending a seven-year suspension. Despite this, workers still earn less than $1 per month, inflation remains in triple digits, and opposition leader María Corina Machado commands 82% support in polls but remains barred from running. The growth is filling state coffers, not households, according to The Rio Times. The recovery is described as the most significant macroeconomic story in the Western Hemisphere.
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