US-Venezuela Relations

The large-scale US airstrike on Venezuela was unprecedented in modern history. The surprise attack forcibly kidnapped President Nicolás Maduro and his wife, First Combatant Cilia Flores, from Fort Tiuna on the outskirts of Caracas. The US killed over 100 people in the early morning hours of January 3, 2026, including reportedly some civilians in the neighboring Ciudad Tiuna social housing complex.

We visited Ciudad Tiuna 50 days after the US bombing to hear the resident’s accounts. We were the second “solidarity brigade” to visit Venezuela and the first to arrive by air. The delegation consisted primarily of activists from the US, along with Canada, Colombia, Brazil, and Mexico. CodePink,  Task Force on the Americas, Veterans for Peace, and World Beyond War were among the solidarity organizations represented.

Ciudad Tiuna is a planned housing complex of some 20,000 units, part of the national Gran Misión Vivienda Venezuela program. Apartments are allocated with priority to families displaced by disasters and to low-income households. As of December 2025, over 5 million units have reportedly been delivered nationwide.

We were enthusiastically greeted by a community-based club affiliated with the Abuelos y Abuelas de la Patria (Grandparents of the Homeland) mission, a government program empowering seniors in communal life. They organized a cultural presentation and introduced us to social and political organizations in their socialist city.

A woman sang for mother earth accompanied by a shaman drum. A man read poetry by Allen Ginsberg and Walt Whitman, remarking “not all North Americans fornicate with their mothers” (loosely translated from Spanish).

In a tribute to Cuba, residents said they do not speak of solidarity with Cubans because “we are one people.” They praised the Cuban’s courage, including the 32 presidential guards murdered by the US in the January 3 attack. They also highlighted Cuban’s generosity in helping Venezuela achieve “territory free of illiteracy” status by 2005. Programs such as Misión Barrio Adentro brought thousands of Cuban doctors into poor urban and rural communities to provide free primary care.

And most of all, they deeply lamented the current US military blockade of Cuba, which has prevented Venezuela from supplying vital oil to the island. The suffering imposed by Washington on the Cubans pained them deeply.

They shared a flyer titled “Never Again – January 3 – Diplomacy for Peace,” which read in part:

Neither forgiveness nor forgetting! Memory is not resentment, but the heart of the people’s dignity who have been attacked. A people without justice becomes submissive. Impunity flourishes if we do not sow justice. We will not tire of weaving unity to triumph.

Their immediate demand is the release of their president and first lady. The flyer also calls for defense of popular sovereignty, no intervention by imperialism in Venezuelan affairs, and reparations for the “offended homeland.”

The flier concludes with a quote from Delcy Rodríguez: “The dignity of the Venezuelan people is the first line of defense. We have to preserve our integrity as a people, guarantee our territorial integrity, and preserve our national independence.”

January 3 was not unanticipated but nevertheless a great shock. During a walking tour, they described the terror of the sneak attack. They told us each time the Venezuelan people successfully resisted Washington’s attempts at regime change – attacks dating back from the founding of their Bolivarian Revolution 26 years ago by then Venezuelan President Hugo Chávez – the siege has been racketed up.

Fabricio, age 11, described a sky lit red with explosions and filled with US helicopters. The elders vowed: “Never again will we allow our children to be traumatized.” Government mental health workers have since been regularly visiting Ciudad Tiuna.

They explained how they truly felt the horror that the Palestinians experience. The difference, they added, was that for them it was a single day while in Gaza it is every day.

At the time, many feared the attack could signal a protracted full-scale land invasion. Such an incursion, they warned, could well be launched in the future. (This was also the opinion of government officials that we conferred with.)

They are proud that the Bolivarian leadership remains firm and united. This they attribute to the support of the people such as themselves. The concessions forced upon the government under the threat of an even more devastating attack have been bitter to accept, but better than the alternative of greater destruction.

Our hosts described themselves as Chavistas, militants in support of the current government. Some wore shirts bearing the phrase dudar es traición – to doubt is to betray. Their lived experience is of a nation under imperial siege – in a perpetual state of war with the threat of more. Under such circumstances unity is prioritized.

They rejected speculation that the kidnapping was aided by traitors within, arguing that such narratives serve the purposes of the enemy of eroding unity by fostering distrust. They emphasized the continuity of revolutionary policy from Chávez to Maduro and now to Delcy, as she is affectionately called.

Conditions have changed but not the leadership’s dedication. They noted that regional solidarity has weakened, leaving Venezuela ever more isolated.

Before we departed, several children gave us gifts: handmade wristbands in the national colors, decorated pencils, and a book on climate change from a Marxist perspective. Our hosts also had a frank take-home message for us: “We never invaded; we liberated. Take our passion and love to give you strength to do what you must and rise up.” The hardships caused by the US sanctions – including shortages of medicine and essential goods– are linked to the failure of North Americans to restrain our own government.

Meanwhile, the wild guacamayas (blue-and-yellow macaws), which once came to Ciudad Tiuna to be fed by residents but disappeared after the bombing, have now returned to a community that asks only to be left in peace.

Roger D. Harris is with the Venezuela Solidarity Network, the Task Force on the Americas, and the US Peace Council.

The views expressed in this article are the author’s own and do not necessarily reflect those of the Venezuelanalysis editorial staff.

Source: Common Dreams

Caracas, April 27, 2026 (venezuelanalysis.com) – The Venezuelan Central Bank (BCV) has announced the hiring of outside firms to audit Venezuelan export revenues currently controlled by the Trump administration and disbursed to Caracas.

In a press statement, BCV Acting President Luis Pérez confirmed that both the Venezuelan and US governments had hired auditing companies to “ensure peace of mind and impartiality.”

“The auditing of the country’s resources by external consultants gives us peace of mind,” Pérez stated. “Venezuela can be confident that the resources are being channeled where they have to and getting where they need to.”

According to Reuters and Bitácora Económica, Deloitte is one of the firms selected to inspect the Central Bank’s accounts, though it is not known whether it was chosen by Washington or Caracas.

One of the largest global consulting corporations, Deloitte has close ties to the US political establishment and national security state.  The London-based firm has a well-documented history of hiring former CIA agents and undertaking corporate espionage.

Since the January 3 US military strikes and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has taken control over Venezuelan oil revenues, mandating that all royalty, tax, and dividend payments be deposited in US Treasury-run accounts before a portion is returned to Caracas at the White House’s discretion.

US officials, including Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, have stated before congressional committees that the Venezuelan government’s allocation of its own resources, once returned by Washington, would be subject to outside audits.

Rubio additionally claimed that Caracas needs to submit “budget requests” before accessing funds. Both US and Venezuelan officials have acknowledged the use of US-managed funds for imports of medicines and medical equipment from US manufacturers.

The sequestered Venezuelan earnings have not been returned directly to the BCV but injected into foreign currency auctions run by banks. US officials have confirmed the transfer of US $500 million of a projected $2 billion initial agreement, though analysts have reported a higher volume of foreign currency made available in recent weeks.

Recently issued US Treasury licenses allowing transactions with the Venezuelan Central Bank are expected to restore some of the institution’s capacity to intervene in the economy. In a recent meeting with banking executives, Acting President Pérez stated that the BCV was prioritizing inflation control and forex market stability. A black market exchange rate has consistently hovered above the official one, with a gap currently at around 30 percent. Critics have blamed the BCV’s lack of oversight for the proliferation of currency speculation.

Pérez likewise pledged to review the Central Bank’s current reserve requirements, a recurring demand from banks in recent months. Banks are presently forced to hold 73 percent of deposits as reserves.

The contraction of credit, alongside reduced public spending and the freezing of wages, were policies adopted by the Maduro government in recent years in an effort to slow down inflation in the sanctions-hit Venezuelan economy.

Pérez was appointed acting president of Venezuela’s financial authority on April 16. He replaced Laura Guerra, who had been in the post since April 2025. Last week, the Venezuelan government’s “rapid response” social media denied reports of negotiations with the US State Department and the far-right opposition to select a new BCV board.

Since January, the Venezuelan government led by Acting President Delcy Rodríguez has fast-tracked a diplomatic rapprochement with the Trump administration.

The White House’s recognition of Rodríguez as Venezuela’s sole leader has paved the way for the resumption of dealings with the International Monetary Fund (IMF), while creditors of Venezuela’s sizable foreign debt anticipate a lucrative restructuring agreement.

The Rodríguez administration has likewise driven a pro-business legislative agenda with the goal of attracting foreign investment. The Caribbean nation’s parliament has approved reforms to the hydrocarbon and mining sectors that grant increased control to foreign conglomerates, alongside reduced fiscal responsibilities and the possibility of taking disputes to international arbitration bodies.

Canadian miner Gold Reserve issued a statement Monday “welcoming” the new mining law, noting that some of its “key recommendations were reflected in the final enacted law,” including the repeal of a 2015 decree establishing majority Venezuelan state control over the sector.

Acting President Rodríguez, as well as National Assembly President Jorge Rodríguez, have both acknowledged receiving “recommendations” and “suggestions” from oil majors in the hydrocarbon industry overhaul.

Edited by Lucas Koerner in Fusagasugá, Colombia.

Caracas, April 24, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez hosted Colombian President Gustavo Petro for bilateral talks in Caracas on Friday. 

The meeting marked the first official visit by a head of state since the kidnapping of President Nicolás Maduro during a US military operation on January 3.

Following talks at Miraflores Presidential Palace, Rodríguez said both governments committed to tackling organized crime along their shared border, one of the longest in the region at over 2,200 kilometers.

“We have undertaken a very serious and concrete approach to combating criminal groups and transnational crime,” she said, announcing the development of joint military plans and “immediate” mechanisms for intelligence sharing in a new level of security cooperation.

Petro, for his part, stated that both countries would work toward the “liberation of border communities” through coordinated military, police, and social action.

“Building a fully coordinated common effort to free border populations from mafias engaged in various illegal economies,” he said, accusing irregular groups of human trafficking, drug trafficking, and illegal gold trade activities.

The leaders also agreed on economic initiatives aimed at supporting Venezuelan and Colombian populations in border regions. Petro expressed hope that these efforts would help reintegrate the two territories and boost food security.

The joint action commitments come amid escalating violence in the Catatumbo region of Colombia’s Norte de Santander department, which borders Venezuela’s Táchira state, where clashes between armed groups have displaced thousands in recent weeks.

Armed organizations operating in the area include the National Liberation Army (ELN), the Estado Mayor Central (EMC) and the Segunda Marquetalia, both descendants of the former FARC, and the Clan del Golfo, among others.

Friday’s talks also included the neighboring nations’ trade relations. Rodríguez highlighted discussions on “import substitution” between the two countries.

“It makes no sense for Colombia or Venezuela to look to other regions or hemispheres for what we can produce within our own territories,” she said, noting that bilateral trade currently stands at approximately $1.2 billion per year.

The leaders further addressed electrical interconnection projects for western Venezuela, a region heavily affected by blackouts, as well as reopening a pipeline that would allow Venezuela to export natural gas to Colombia and beyond.

Rodríguez and Petro also discussed the revival of air connectivity to boost tourism, including the development of multi-destination travel initiatives.

Present at the private meeting were Colombia’s foreign minister Rosa Villavicencio and defense minister Pedro Sánchez, alongside Venezuela’s foreign minister Yván Gil and Interior Minister Diosdado Cabello. The presidential summit followed an earlier meeting of the two countries’ Neighborhood and Integration Commission, with bilateral working groups established for a number of areas, including trade, energy and defense. 

A prior meeting scheduled between Rodríguez and Petro on the border in early March was suspended due to security concerns.

Rodríguez hosts new US chargé d’affaires

Venezuelan Acting President Delcy Rodríguez also welcomed the Trump administration’s new chargé d’affaires to Venezuela John Barrett at the presidential palace on Friday.

Alongside Cabello and Gil, Rodríguez held a private meeting that reportedly focused on energy and a “long-term cooperation agenda.” For its part, the US embassy in Caracas stated that Barrett will continue implementing Washington’s “three-phase plan” for the Caribbean nation.

Barrett recently replaced Laura Dogu, who had been on the post since January. A career diplomat, he last served as chargé d’affaires in Guatemala, where he was accused of interference in magistrate elections in March.

Washington and Caracas fast-tracked a diplomatic rapprochement following the January 3 military strikes and kidnapping of Maduro. In March, the White House recognized Rodríguez as Venezuela’s sole leader, while the acting president recently thanked Trump and Secretary of State Marco Rubio for their “good disposition” in establishing “cooperation” between the two countries.

The diplomatic reengagement and US recognition have likewise led to a resumption of ties between Caracas and the International Monetary Fund (IMF).

Edited and with additional reporting by Ricardo Vaz in Caracas.

The Trump administration’s January 3 military strikes opened a new era of US imperialism in Venezuela built on the plunder of the country’s resources. This interactive infographic explains Venezuela’s recent pro-business reforms, US neocolonial impositions through licenses, and the conglomerates that have already taken advantage to strike agreements.

(Click on the crosses for additional information)

(Click here to download the full infographic)

Mérida, April 20, 2026 (venezuelanalysis.com) – The Venezuelan government launched a “Great National Pilgrimage” to oppose economic sanctions on Sunday, April 19, coinciding with the 216th anniversary of the country’s declaration of independence.

The nationwide mobilization seeks to channel popular opposition to the US-led economic blockade into a sustained, nationwide movement. 

The pilgrimage was inaugurated in three Venezuelan regions, with a calendar of marches, assemblies, and cultural activities covering the remaining 21 states before a closing event in Caracas on April 30. 

In western Zulia state, Acting President Delcy Rodríguez led a rally through the streets of Maracaibo. Addressing a crowd, Rodríguez linked the historical struggle for independence to the modern-day resistance against Washington’s unilateral coercive measures.

“It is a date that marks the first cry for independence from a united people, and so, beginning with that historic date, I feel compelled to embark on this pilgrimage,” she declared to the crowd.

Venezuelan leaders have sought to highlight the impact of unilateral coercive measures on living standards and public services to push for their withdrawal.

“We want Venezuela to be free of sanctions, so that it can grow without restrictions,” Rodríguez affirmed at the Zulia rally. “I am speaking to the people of the United States, Europe, and the governments of those countries. Please stop levying sanctions against the Venezuelan people.”

In Puerto Ayacucho, Amazonas, National Assembly President Jorge Rodríguez led a parallel mobilization on Sunday. He emphasized that the pilgrimage is not merely a political event but a “spiritual and national defense” of the country’s right to self-determination. The campaign’s launch in border states highlighted the disruptions to public services that are generally more acute away from the capital and surrounding areas.

The government’s initiative was also backed by sectors of the moderate opposition. Timoteo Zambrano, deputy from the Democratic Alliance, vowed that his political faction would participate in the pilgrimage.

“[Pilgrimage] is a deeply religious term that unites the world’s religions. We are witnessing a new moment to fight together against sanctions and the blockade,” he said in a press conference in Caracas on Saturday.

For his part, Acción Democrática Secretary-General Bernabé Gutiérrez claimed that Caracas must ask the Trump administration to release proceeds from oil exports “so they reach the state coffers and allow for the solution of our problems.” 

Since January, the White House has imposed control over Venezuelan crude sales, with Venezuela-owed royalties, taxes, and dividends mandated to be deposited in US Treasury-run accounts before being returned to Caracas at US officials’ discretion.

The “Great National Pilgrimage” takes place against a backdrop of nearly a decade of economic pressure from Washington. The first Trump administration launched a “maximum pressure” campaign in 2017 with the goal of triggering regime change.

US Treasury sanctions targeted multiple economic sectors, from mining to banking, and particularly targeted the oil industry, causing an estimated US $25 billion in yearly revenue losses. The blockade also effectively gridlocked Venezuela from international credit markets and saw Venezuelan foreign assets frozen and seized. 

Since the January 3 US military attacks and kidnapping of President Nicolás Maduro, Caracas and Washington have fast-tracked a diplomatic rapprochement. Acting President Rodríguez has struck a conciliatory tone toward the US, recently thanking Trump and US officials for their efforts in reestablishing “cooperation.”

The US Treasury Department has maintained wide-reaching sanctions in place but issued a series of general licenses in the hydrocarbon, mining, and banking sectors, allowing Western entities to deal with Venezuelan counterparts under restricted conditions.

Edited by Ricardo Vaz in Caracas.

Caracas, April 17, 2026 (venezuelanalysis.com) – Venezuela has reestablished ties with the International Monetary Fund (IMF) after a seven-year hiatus.

Acting President Delcy Rodríguez confirmed the news on Thursday night, calling it a “great achievement of Venezuelan diplomacy” and a “very important step” for the Venezuelan economy.

“This is the result of months-long negotiations that the Venezuelan far-right unsuccessfully tried to sabotage,” she stated in a televised broadcast. “Good has triumphed.”

The IMF announced the “resumption of dealings” with Venezuela in a statement on Thursday, stating that the decision was “guided by the views of IMF members representing a majority of the total voting power.”

Managing Director Kristalina Georgieva stated earlier this week that the IMF had been approached by Venezuelan authorities at a technical level and that the Caribbean nation “desperately needs help.”

The World Bank likewise issued a statement disclosing the resumption of dealings with the acting Rodríguez government. Venezuela’s last loan with the institution concluded in 2005.

Venezuela had its relationship with the IMF suspended in 2019 after the first Trump administration and allies recognized the self-proclaimed “interim government” led by Juan Guaidó as the Caribbean nation’s legitimate authority.

In March, the White House recognized Rodríguez as Venezuela’s “sole leader” and later withdrew sanctions against her, while US officials spoke of efforts to reincorporate Caracas into the IMF fold.

Though relations were officially frozen in 2019, Venezuela had sought to distance itself from the Washington-based institution more than a decade prior. In 2007, former President Hugo Chávez formally withdrew Venezuela from the IMF and the World Bank, calling them “weapons of US imperialism.”

Chávez repeatedly denounced the US-controlled multilateral institutions’ role in promoting debt and underdevelopment in Global South countries and pushed for the creation of lending institutions as part of Latin American integration efforts. Under Chávez’s predecessors, Venezuela implemented draconian IMF-conditioned structural adjustment policies that saw over half of Venezuelans living in poverty by 1998.

Last year, President Nicolás Maduro stated that Venezuela had “broken the shackles” of the World Bank and the IMF and was instead building its own “self-sustainable model and relations with a new world.”

Venezuela’s priority will be accessing US $5.1 billion in Special Drawing Rights (SDR) that it is entitled to as an IMF member. In 2021, the lending institution issued $650 billion amid the Covid-19 pandemic as an effort to help countries boost reserves and address fiscal needs. 

However, Venezuela was blocked from accessing the funds as the IMF refused to rule on the country’s legitimate authorities.

Caracas’ reengagement with the IMF and the World Bank also comes amid growing speculation about the fate of Venezuela’s sizable foreign debt. The Caribbean nation owes as much as $170 billion from a combination of defaulted bonds, unpaid loans, and international arbitration awards that have accrued interest for years as US sanctions battered Venezuela’s economy and cut it off from credit markets.  

Venezuelan bonds have been rallying in recent weeks following Washington’s rapprochement with Caracas as creditors bet on a debt restructuring deal that can bring significant windfalls.

Since the January 3 US military strikes and kidnapping of President Nicolás Maduro, the Rodríguez administration has fast-tracked a number of pro-business reforms, including in the hydrocarbons and mining sectors. Upon enacting the Mining Law on Thursday, the acting president thanked Trump, Rubio, and other administration officials for their “good disposition” in establishing “cooperation.”

Rodríguez recently announced further plans to overhaul the South American country’s labor, pension, and tax legislation, while also identifying state assets that are “not strategic.” The Cisneros Group, one of Venezuela’s largest business conglomerates, recently announced the raising of funds ahead of expectations of a “wave of privatizations.”

Since January, the Trump administration has imposed control over Venezuelan oil revenues, mandating that royalties, taxes, and dividends be deposited in US Treasury accounts. In a congressional hearing on Thursday, Assistant State Secretary Michael Kozak stated that “around $3 billion” have moved through the dedicated accounts. 

He did not specify what portion of the revenues has been returned to Caracas, only that the funds had been used to pay public sector incomes and import oil industry inputs, while blocking any transactions with China, Cuba, and Iran.

Earlier this week, the Treasury’s Office of Foreign Assets Control (OFAC) issued new restricted licenses allowing transactions with the Venezuelan Central Bank and public banks that are expected to facilitate the partial return of seized Venezuelan export revenues.

On Thursday, Venezuelan authorities additionally announced a change in the Central Bank leadership, with Luis Pérez replacing Laura Guerra as president of the institution. Guerra had been appointed to the post in April 2025 by Maduro.

Pérez is an economist who had served on the BCV board of directors since 2018. In his social media profile, he describes himself as a cryptocurrency enthusiast.

Edited by Lucas Koerner in Fusagasugá, Colombia.

Caracas, April 15, 2026 (venezuelanalysis.com) – The US Treasury Department’s Office of Foreign Assets Control (OFAC) issued two new general licenses on Tuesday facilitating transactions with Venezuelan state institutions.

 for Venezuela on Tuesday: a commercial license (No. 56) and a financial license (No. 57), signaling a partial easing of restrictions while maintaining key controls.

General License 56 (GL56) authorizes US entities to negotiate and sign “contingent contracts” for future commercial operations in Venezuela. This allows firms to move forward with agreements, investments, or projects, though their final execution remains subject to separate OFAC approval.

The waiver maintains important restrictions, including a ban on payments in gold or cryptocurrencies, as well as prohibitions on transactions involving China, Russia, Iran, North Korea, and Cuba. It likewise forbids transactions involving Venezuelan debt and does not unblock currently frozen Venezuelan assets.

For its part, General License 57 (GL57) permits a broad range of financial operations with the Venezuelan Central Bank (BCV), as well as Venezuela’s public banks: Banco de Venezuela, Banco Digital de los Trabajadores, Banco del Tesoro, and entities in which these institutions hold a 50 percent or greater stake.

The allowed transactions include opening and managing accounts, conducting US dollar transfers, issuing loans, and providing banking services. The BCV was sanctioned in April 2019, effectively isolating Venezuela from international financial circuits and increasing costs for basic transactions.

The latest sanctions waivers are expected to facilitate financial flows to the Venezuelan economy, including the transfer of Venezuelan oil revenues that are currently controlled by the Trump administration. US authorities have returned a confirmed US $500 million out of an initial deal estimated at $2 billion, while US and Venezuelan officials have confirmed the purchase of US-manufactured medicines and hospital equipment using Venezuelan funds.

Analyst Hermes Pérez warned that reincorporation into the SWIFT system and establishment of US-based accounts could take several months due to security and technological requirements. Other economists argued that GL57 could allow the Central Bank to stabilize the Venezuelan foreign exchange system.

For several years, a parallel exchange rate between the US dollar and the Venezuelan bolívar has coexisted with the official one set by the Central Bank, often with a gap above 50 percent that fueled distortions in retail activities and currency speculation.

Since the January 3 military strikes and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has issued several licenses to expand US influence in the Caribbean nation, particularly in key economic sectors such as hydrocarbons and mining.

In parallel, Venezuelan authorities have promoted several pro-business reforms, while multiple Trump officials and corporate executives have come the South American country and held meetings with the acting government led by Delcy Rodríguez.

The latest waivers coincided with the visit to Caracas of a US Department of Energy delegation led by Assistant Secretary Kyle Haustveit. Rodríguez hosted the official on Wednesday in a work meeting at the presidential palace.

During a short, televised intervention, Rodríguez argued that OFAC licenses do not provide sufficient “legal certainty” and reiterated calls for Trump to lift unilateral coercive measures against the country.

“An investor requires greater legal certainty. A license does not provide long-term legal guarantees because it is subject to temporality,” she argued. Rodríguez claimed Washington and Caracas have “enough maturity” to establish “long-term” energy cooperation ties.

“We are working very hard on changes that can attract investment, and which can build an energy cooperation agenda with the United States,” she said.

Rodríguez additionally disclosed recent meetings with representatives from ExxonMobil and ConocoPhillips, stating that authorities have “taken into account recommendations” from oil majors in recent legislative overhauls. Both ExxonMobil and ConocoPhillips refused to accept hydrocarbon reforms under former President Hugo Chávez in the 2000s, later securing multi-billion-dollar arbitration awards against the Caracas as compensation for the nationalization of their assets.

Haustveit and the Energy Department delegation were also present on Monday during the signing of agreements with Chevron that granted the Texas-based conglomerate an increased stake in the Petroindependencia joint venture and awarded an additional extra-heavy crude bloc for exploration to the Petropiar mixed company. Chevron owns minority stakes in both joint enterprises with Venezuelan state oil company PDVSA.

Shell, Eni and Repsol are among the other energy giants to have recently advanced in deals with the Venezuelan government under the improved conditions of the new Hydrocarbon Law.

US Chargé d’Affaires in Venezuela Laura Dogu was also present at the Chevron deal-signing ceremony and the meeting with Haustveit’s delegation. However, the White House announced Wednesday that her post will be taken over by veteran diplomat John Barrett.

Barrett, who previously served as chargé d’affaires at the US Embassy in Guatemala since January 21, 2026, was recently accused by Guatemalan President Bernardo Arévalo of interference during judicial elections for the Constitutional Court held in March.

Edited by Ricardo Vaz in Caracas.