Overview
- Delcy Rodriguez used a state television address to call for an immediate end to the blockade and sanctions, casting the United States as a friend and partner.
- The U.S. Treasury has relaxed parts of the seven-year oil embargo and issued licenses allowing limited operations by multinationals under defined conditions.
- President Trump said in his State of the Union that the United States has received more than 80 million barrels of Venezuelan oil.
- Since assuming interim leadership, Rodriguez has enacted an amnesty law and advanced hydrocarbon reforms to open the sector to private and foreign investment.
- Rodriguez has met the new U.S. chief of mission in Caracas, the CIA director, and the head of U.S. Southern Command as bilateral contacts expand.