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U.S. sanctions tightening on Venezuela and Cuba are reshaping capital flows in emerging markets. As Washington signals a harder line on oil shipments and financial transfers, both nations face mounting pressure to recalibrate their economic strategies. The diplomatic window appears narrowing, creating potential ripple effects across emerging market assets and alternative financial corridors. Investors tracking macro headwinds should monitor how these policy shifts influence global liquidity dynamics and cross-border capital movements in the coming quarters.