Venezuela’s U.S. Creditors Take Small Comfort From Sanctions Relief

Venezuela’s creditors welcomed its potential rapprochement with the U.S. but still face risks and uncertainties in collecting from the South American country’s bankrupt government as its relations with Washington thaw.

A rollback of U.S. sanctions on Venezuelan oil points a way to resolving the country’s huge foreign debt obligations, but offers no immediate fix for its longstanding default, according to sanctions experts and other people close to its top external creditors.