Comment by kakacik

Now I hate your typical south american dictator just like the next guy and know a thing or two from the ground about what sort of instability and crime wave his regime caused across much of South America, but some reality check - if US blocks you from selling oil and you are a regular country and not a china/russia, you practically can't sell oil, not in stable big numbers that can contribute to economy. Yes bits here and there on black market for much lower price, but thats it. And all oil is sold in USD, hence the popular 'petrodolar' expression, and US will fight till its last soldier and missile to keep that status.

Also tells you how serious US is with sanctioning russia and its army of oil&gas resellers btw, which is the primary cash flow financing russian war in Ukraine.