Aurora Macro Strategies

Aurora Public Debt Report: Venezuela's New License to Drill

February 24, 2026

Public DebtLatin AmericaVenezuela

Venezuela's new license to drill could increase oil-sector activity while complicating the legal and sanctions environment around debt recovery. Aurora assesses who benefits, what creditors should watch, and why more barrels do not automatically mean better recoveries.

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Aurora Public Debt Report: Venezuela's New License to Drill