Sanctions are considered "lifted" if ANY of the following occur before Dec 31, 2026:

1. PDVSA is removed from the OFAC SDN list, or a general license allows broad US business with PDVSA

2. Executive order formally terminates or suspends E.O. 13850 (oil sector) or E.O. 13884 (government property blocking)

3. US Treasury/State announces Venezuela oil sanctions are "lifted," "ended," or "terminated" (not just "modified" or "waived")

If sanctions are lifted, resolves N/A.

If sanctions are NOT lifted, resolves to this market:

• Update 2026-01-06 (PST) (AI summary of creator comment): "Better off" is operationalized by the resolution of the linked market. If that market resolves YES, Venezuelans are considered better off.