Venezuelans took to the streets to celebrate the WBC title. (AFP)
Caracas, March 18, 2026 (venezuelanalysis.com) – Venezuela won the World Baseball Classic after defeating the United States 3–2 on Tuesday at LoanDepot Park in Miami.
The Caribbean nation’s first major international baseball title was secured thanks to a decisive double by Eugenio Suárez that broke a tie in the top of the ninth inning.
“I have no words. Seeing Javier (Sanoja) score on my double in the ninth was the greatest moment of my life. We knew we could do it. Nobody believed in Venezuela, but now we are the champions. This is a celebration for the whole country,” Suárez told Fox Sports after the game.
The United States had tied the score at 2-2 in the eighth inning when Bryce Harper launched a two-run home run against Venezuelan reliever Andrés Machado.
Earlier in the game, a sacrifice fly from Maikel García in the third inning and a home run by Wilyer Abreu in the fifth—off rookie pitcher Nolan McLean—had given Venezuela a 2–0 lead before a crowd of 36,490 people that was heavily in favor of the South American team.
Sports journalist Jason Mackey said he had never witnessed such passionate fan support at a sporting event—not even at the Super Bowl. Venezuela’s victory also sparked spontaneous celebrations in several cities across the country, including the capital, with fireworks displays and caravans blaring horns along the main avenues.
Venezuela finished the tournament with six wins and one loss, the latter coming against the Dominican Republic during the group stage. Before reaching the championship, the Venezuelan squad defeated three-time tournament champion Japan 8–5 in the quarterfinals and Italy 4–2 in the semifinals.
The tournament’s Most Valuable Player, Maikel García, emphasized that the team’s motivation centered on representing the country. “We didn’t play the final to represent Dominicans or Latinos. We did it for Venezuela. Maybe some people didn’t like that, but the jersey said Venezuela, not Latin America,” he said.
Meanwhile, the US team fielded the most star-studded roster in its history but fell short in its second consecutive final to extend its winless draught to nine years. The Americans had previously lost the 2023 final 3–2 to Japan.
Following the victory, Venezuela’s Acting President Delcy Rodríguez declared Wednesday a National Day of Jubilation, encouraging people to celebrate in public squares, parks, and sports fields. She also invited the public to attend a large concert titled “Venezuela Triunfa Unida” (“Venezuela Triumphs United”).
For his part, US President Donald Trump used the moment to again suggest that Venezuela could become a US state. “Statehood,” he wrote on his Truth Social account.
In the run-up to the final, Trump had posted a similar message: “Good things have been happening to Venezuela lately. I wonder what this magic is… the 51st state?”
Tuesday’s final happened in the wake of the US’ January 3 military strikes against Caracas and nearby areas that also saw special forces kidnap Venezuelan President Nicolás Maduro. In the two months since, the two countries have fast-tracked a rapprochement and reestablished diplomatic ties. Despite the strong political overtones surrounding the matchup, players and coaches largely avoided commenting on the state of relations between the two nations.
WASHINGTON — U.S. companies will be allowed to do business with Venezuela’s state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost world oil supplies during the Iran war.
The Treasury issued a broad authorization allowing Petróleos de Venezuela S.A, or PDVSA, to directly sell Venezuelan oil to U.S. companies and on global markets, a massive shift after Washington for years had largely blocked dealings with Venezuela’s government and its oil sector.
Separately, the White House said President Trump would waive, for 60 days, Jones Act requirements for goods shipped between U.S. ports to be moved on U.S.-flagged vessels. The 1920s law, designed to protect the American shipbuilding sector, is often blamed for making gas more expensive.
The moves highlight the increased pressure that the Republican administration is under to ease soaring oil prices as the United States, along with Israel, wages a war with Iran without a foreseeable end date. Global oil prices have since spiked as Iran halted traffic through the narrow Strait of Hormuz, where one-fifth of the world’s oil typically passes through from the Persian Gulf to customers worldwide.
The Treasury’s license is designed to incentivize new investment in Venezuela’s energy sector and is intended to benefit both the U.S and Venezuela, while increasing the global oil supply, a Treasury official told the Associated Press. The official was not authorized to discuss the matter publicly and spoke on condition of anonymity.
Since the ouster and arrest of Nicolás Maduro as Venezuela’s president during a U.S. military operation in January, Trump has said the U.S. would effectively “run” Venezuela and sell its oil.
The U.S. license provides targeted relief from sanctions, but does not lift the penalties altogether. The license allows companies that existed before Jan. 29, 2025, to buy Venezuelan oil and engage in transactions that would normally be banned under American sanctions, reopening trade for a major oil producer to global markets.
There are some limits.
Payments cannot go directly to sanctioned Venezuelan entities such as PDVSA, but must be sent instead to a special U.S.-controlled account. In other words, the U.S. will allow the oil trade but will control the cash flow.
Additionally, deals involving Russia, Iran, North Korea, Cuba and some Chinese entities will not be allowed. Transactions involving Venezuelan debt or bonds will not be allowed.
The license is expected to give a massive boost to Venezuela’s oil-dependent economy and help encourage companies that have been apprehensive to invest. The decision is part of the Trump administration’s phased-in plan to turn around Venezuela. But critics of the acting Venezuelan government argue that the move rewards Venezuela’s leadership — all loyal to Maduro and the ruling party — while repression, corruption and human rights abuses continue.
Many public sector workers survive on roughly $160 per month, while the average private sector employee earned about $237 last year, when the annual inflation rate soared to 475%, according to Venezuela’s central bank, and sent the cost of food beyond what many can afford.
Venezuela sits atop the world’s largest oil reserves and used them to power what was once Latin America’s strongest economy. But corruption, mismanagement and U.S. economic sanctions saw production steadily decline from the 3.5 million barrels per day pumped in 1999, when Maduro’s mentor, Hugo Chávez, took power, to less than 400,000 barrels per day in 2020.
A year earlier, the Treasury Department under the first Trump administration locked Venezuela out of world oil markets when it sanctioned PDVSA as part of a policy punishing Maduro’s government for corrupt, anti-democratic and criminal activities. That forced the government to sell its remaining oil output at a discount — about 40% below market prices — to buyers such as China and in other Asian markets. Venezuela even started accepting payments in Russian rubles, bartered goods or cryptocurrency.
The new license does not allow payments in gold or cryptocurrency, including the petro, which was a crypto token issued by the Venezuelan government in 2018.
Meantime, White House press secretary Karoline Leavitt said the Jones Act waiver would help “mitigate the short-term disruptions to the oil market” during the Iran war and would “allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports.”
Hussein and Cano write for the Associated Press. Cano reported from Caracas, Venezuela. AP writer Seung Min Kim contributed to this report.
Venezuela upset the star-studded host nation to win a politically charged showdown in Miami.
Published On 18 Mar 202618 Mar 2026
Venezuela scored a stunning 3-2 upset over tournament hosts United States to capture the World Baseball Classic for the first time on Tuesday in a tense final played out against a backdrop of political tensions.
Eugenio Suarez drove in the winning run in the top of the ninth inning to seal a victory for Venezuela over an American lineup that had been hyped as a baseball “dream team”.
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Trailing for most of the game, the Team USA looked to have hauled themselves back into the contest when Bryce Harper blasted a game-tying two-run homer in the eighth inning.
But Harper’s salvo proved to be in vain as Venezuela regained the lead in the ninth inning, punishing a shaky performance from USA reliever Garrett Whitlock to clinch victory.
“What can I say, it’s amazing,” Venezuela hero Suarez said. “Nobody believed in Venezuela, but now we win the championship today. This is a celebration for all the Venezuelan country.”
Suarez’s winning double settled a final that had got under way in a raucous atmosphere at Miami’s LoanDepot Park, with a large contingent of Venezuela fans in a sold-out crowd of 36,190 booing the USA lineup during pre-game introductions.
US President Donald Trump, whose government captured Venezuelan President Nicolas Maduro in a military raid in January, had stoked tensions with a social media post on Monday, congratulating Venezuela for reaching the final while simultaneously suggesting the country could become the US’s “51st state”.
Trump again returned to the theme moments after Tuesday’s defeat, declaring in a post on his Truth Social platform: “STATEHOOD!!! President DJT.”
Venezuela’s interim leader, Delcy Rodriguez, who replaced the ousted Maduro, declared a “national day of jubilation” on Wednesday.
“This triumph is the victory of the passion, talent and unity that define us as Venezuelans,” Rodriguez wrote on X.
“An achievement that will remain forever in the heart of our country. ¡VIVA VENEZUELA!”
Suarez, right, hits the championship-winning RBI double during the ninth inning [Al Bello/Getty Images via AFP]
Venezuela dominate
Venezuela, whose players had been instructed by team management to avoid commenting on politics throughout the tournament, dominated the vaunted Team USA lineup for long periods, with starting pitcher Eduardo Rodriguez stifling the American batters led by New York Yankees home run king Aaron Judge.
The South Americans took the lead in the top of the third as USA starter Nolan McLean struggled for command from the mound.
Salvador Perez singled to get on base before Atlanta Braves star Ronald Acuna Jr drew a walk.
A wild pitch from McLean left Venezuela with runners on second and third base, and on the next pitch, Kansas City Royals slugger Maikel Garcia’s sacrifice fly allowed Perez to score.
With the USA bats continuing to flail against Rodriguez, the Venezuelans doubled their lead in the top of the fifth inning.
McLean delivered a four-seam fastball into the centre of the strike zone, and Boston Red Sox left-fielder Wilyer Abreu duly pounced, crushing a 414-foot (126-metre) solo home run to centre field for a 2-0 lead.
Venezuela appeared to be closing in on victory, but were jolted by Harper’s 432-foot (132-metre) home run to centre field off reliever Andres Machado in the eighth.
But the USA rally was short-lived, and Venezuela grabbed the lead again in the ninth when Luis Arraez drew a lead-off walk from Whitlock before Suarez’s blast to left centre field gave Venezuela the winning run.
Closer Daniel Palencia removed Kyle Schwarber, Gunnar Henderson and Roman Anthony in quick succession to seal Venezuela’s triumph.
Team Venezuela players celebrate with their gold medals after defeating Team USA [Al Bello/Getty Images via AFP]
MIAMI — Venezuela won the World Baseball Classic for the first time, rebounding from a blown eighth-inning lead to beat the United States 3-2 Tuesday night on Eugenio Suárez’s tiebreaking double in the ninth.
Maikel Garcia’s third-inning sacrifice fly and Wilyer Abreu’s fifth-inning homer off rookie Nolan McLean built a 2-0 lead before a roaring pro-Latin America crowd. Meanwhile, left-hander Eduardo Rodríguez and lights-out relievers limited the Americans to two hits through the seventh.
Bobby Witt Jr. walked with two outs in the eighth and Bryce Harper drove the second straight changeup from Andrés Machado over the center-field fence for a two-run homer that tied it. Harper slowly trotted around the bases and took time at third to salute coach Dino Ebel.
Luis Arraez walked against Garrett Whitlock starting the ninth. Pinch-runner Javier Sanoja stole second just ahead of catcher Will Smith’s throw and came home when Suárez doubled to the left-center gap. Suárez spread his arms wide and pointed to the sky at second base while teammates streamed from the dugout to greet Sanoja at the plate.
Daniel Palencia struck out two in a perfect bottom half to finish a three-hitter and get his third save of the WBC, striking out Roman Anthony to end the game. Venezuelans ran onto the infield to celebrate as the Americans stared while leaning on their dugout railing.
“Nobody believed in Venezuela but now we win the championship,” Suárez said. “This is a celebration for all the Venezuelan country.”
Despite a heralded roster of stars led by Aaron Judge, Harper and Paul Skenes, the U.S. lost its second straight final of baseball’s premier international event and remained without a title since 2017.
Venezuela celebrates its victory.
(Lynne Sladky / Associated Press)
Judge was 0 for 4 with three strikeouts in the championship game and hit .222 with five RBIs in the tournament, while Harper batted .214 with three RBIs and Alex Bregman .143 with four RBIs. The U.S. scored nine runs in the three knockout-round games while batting .188.
Ahead of a matchup with political overtones, players and coaches avoided discussing the government turmoil between the nations, heightened when the U.S. military captured Venezuela President Nicolás Maduro in January. The sellout crowd of 36,190 at LoanDepot Park was heavily pro-Venezuela, with some booing American players during the introductions.
Venezuela became the second Latin American nation to win the WBC, after the Dominican Republic in 2013. The U.S. took the title in 2017 and lost the 2023 final to three-time champion Japan on this same field.
While the U.S., Japan and the Dominican Republic got much of the attention ahead of the sixth edition of the 20-nation event, Venezuela’s success was not that surprising. Sixty-three players born in Venezuela appeared on Major League Baseball opening-day rosters last year, second-most from outside the U.S. behind the Dominican Republic’s 100.
Venezuela went ahead in the third inning against McLean, getting the start because Tarik Skubal and the Detroit Tigers decided the two-time Cy Young Award winner would make only a first-round appearance.
Salvador Perez sliced a first-pitch single and Ronald Acuña Jr. walked with one out. The runners advanced when McLean bounced a curveball, and Garcia followed with a sac fly to center.
Abreu doubled the lead when he drove a fastball 414 feet to center. His helmet fell off when he rounded second and he hopped in excitement as he neared the plate, where he was greeted by a line of teammates.
Rodriguez gave up one hit in 4 1/3 innings before Venezuela turned to its bullpen.
U.S. players had arrived at LoanDepot Park in game-worn U.S. Olympic hockey jerseys coordinated by outfielder Pete Crow-Armstrong and Jack Hughes, who scored the gold medal-winning goal against Canada last month.
In a darkened ballpark filled by fans wearing wristbands with festive blinking lights, Judge and Arraez led the teams down the foul lines for the introductions while carrying their nation’s flags.
Maduro and Flores will have a court hearing on March 26. (AFP)
Caracas, March 17, 2026 (venezuelanalysis.com) – The Trump administration has opposed a motion from Venezuelan President Nicolás Maduro and First Lady Cilia Flores for the dismissal of US criminal charges on the grounds of the US Treasury blocking their legal defense funds.
In a court filing, US Justice Department prosecutors argued that “the defendants and their former regime” have been sanctioned by the US government for several years and that regulations from the Office of Foreign Assets Control (OFAC) “expressly prohibit” that funds from a “sanctioned entity” be used to pay a “sanctioned person’s” legal expenses.
“OFAC’s denial of that request does not mean the [US] government violated the defendants’ due process rights. The motions to dismiss should be denied,” the statement read.
Last month, Maduro and Flores’ legal teams urged Judge Alvin Hellerstein to throw out the cases over the US government’s interference with their “ability to retain counsel.” Defense attorney for the Venezuelan president, Barry Pollack, argued that Washington’s actions violated Maduro’s Sixth Amendment rights.
In a sworn statement handed to the court, Maduro declared that under Venezuelan law he is “entitled” to have his legal expenses covered by Caracas and confirmed that Pollack is his “counsel of choice.”
Pollack further added that, on January 9, OFAC issued permission for the Venezuelan government to cover Maduro and Flores’ legal fees, only to withdraw it hours later. The high-profile attorney has announced plans to invoke Maduro’s immunity as a sitting president as part of his legal strategy.
US prosecutors have claimed that the defendants are allowed to use “personal funds” to pay their attorneys’ fees. However, both Maduro and Flores, as well as multiple immediate relatives, are under OFAC sanctions, making it illegal for US persons and entities to engage in financial transactions with them.
The Venezuelan Communications Ministry did not immediately respond to a request for comment. Venezuelan officials, including Acting President Delcy Rodríguez, have yet to weigh in on the Trump administration’s efforts to hamper Maduro and Flores’ defense efforts.
President Maduro and his wife, who is also a National Assembly deputy, were kidnapped by US Special forces on January 3 amid a bombing campaign against Caracas and nearby areas. Rodríguez, as sitting vice president, assumed the presidency on an acting basis after the Venezuelan Supreme Court decreed that Maduro’s abduction constituted a “temporary absence.”
Maduro was indicted on charges of “narcoterrorism conspiracy, cocaine importation conspiracy, possession of machineguns and destructive devices, and conspiracy to possess machineguns and destructive devices against the United States.” Flores faces the latter three counts. Both pleaded not guilty in their arraignment hearing on January 5. The next hearing is scheduled for March 26.
Despite reiterated “narcoterrorism” accusations, US officials have not presented evidence tying Maduro and other high-ranking officials to narcotics activities. Specialized reports have likewise found Venezuela to play a marginal role in global drug trafficking.
Following the January 3 attacks and presidential kidnapping, Rodríguez has fast-tracked a diplomatic rapprochement with the Trump administration. The acting president has hosted several US officials in Caracas while promoting a pro-business overhaul of the country’s oil and mining laws aimed at courting Western corporations.
Caracas and Washington reestablished diplomatic ties on March 5 following a seven-year hiatus, with the White House formally recognizing Rodríguez as Venezuela’s “sole leader” last week.
Since January 3, Venezuelan government supporters have staged multiple demonstrations to condemn the US attacks and demand the immediate release of the Venezuelan president and first lady.
US-based solidarity movements have also organized rallies in support of Maduro and Flores, including outside the Metropolitan Detention Center in Brooklyn where they are detained.
Acting President Delcy Rodríguez announced progress on the new bilateral agenda. (Prensa Presidencial)
Mérida, March 16, 2026 (venezuelanalysis.com) – Venezuelan and Colombian high-level delegations met at the Miraflores Palace in Caracas on Friday, March 13, to advance a strategic roadmap for binational integration.
The summit, which focused on bilateral trade, energy, and security, culminated in the announcement of Venezuela’s first-ever export of liquefied petroleum gas (LPG) to its western neighbor.
Acting President Delcy Rodríguez led the Venezuelan delegation in the talks, overseeing a satellite broadcast of the first trucks from state oil company PDVSA carrying butane gas across the Simón Bolívar International Bridge from Táchira to Norte de Santander.
“This is the first step… the first LPG export from Venezuela to Colombia,” Rodríguez stated to reporters, characterizing the shipment as a symbol of the “Bolivarian spirit” of integration.
Beyond the immediate truck shipments, officials announced plans to revitalize the Antonio Ricaurte transnational gas pipeline. The project aims to facilitate the direct export of Venezuelan natural gas to Colombian markets, a move described by both governments as essential for regional energy security.
However, Colombian President Gustavo Petro noted via social media that full interconnection remains contingent on the lifting of US sanctions given the need for infrastructure repair works. For her part, Rodríguez reiterated calls for the Trump administration to remove unilateral coercive measures against the Caribbean nation.
“Unilateral coercive measures against the Venezuelan people affect the peoples of Latin America,” she said.
The 225-kilometer Ricaurte pipeline was completed in 2007 and was initially used for Colombian gas shipments to Venezuela. Plans to reverse the flow beginning in 2016 were hampered by US sanctions.
The Caracas summit also saw delegations review the recovery of commercial ties since the reopening of the border in 2022. According to figures shared during the meeting, binational trade has grown from US $220 million in 2020 to over $1.135 billion at the close of 2024.
To sustain this momentum, officials announced that the Administrative Commission of the Trade Agreement will be formally installed on March 18. The agency’s agenda will focus on achieving “zero tariffs” for specific goods and promoting binational tourism.
The Colombian delegation also emphasized the importance of the Monómeros petrochemical company, noting that its operation at full capacity is vital for Colombia’s food security. The agrochemical producer was placed under the control of the US-backed Venezuelan opposition by former Colombian President Iván Duque. The company was plagued by corruption scandals before being returned to the Venezuelan government’s control in 2022.
Monómeros, a major supplier of fertilizer for Colombian potato, coffee and palm oil producers, remains restricted by US sanctions, with Venezuelan plans to sell the company to the Colombian state contingent on US Treasury approval.
The two countries’ delegations likewise addressed joint security concerns during the Friday talks, activating an immediate coordination mechanism for sharing military and police intelligence.
The stated objective is to dismantle drug trafficking networks and counter irregular armed groups operating along the 2,200-kilometer border region. Petro described the goal as a the creation of a “Binational Zone of Peace,” emphasizing the importance of integrated military efforts to protect the territory.
The Caracas summit took place following the suspension of a planned meeting between Rodríguez and Petro at the Atanasio Girardot Bridge on Friday due to “force majeure.” Colombian outlets reported security concerns but offered no specifics.
Despite the setback, the Venezuelan government reaffirmed that the presidential invitation remains open and that the working groups at Miraflores had secured the “roadmap” for the coming months.
Colombian Foreign Minister Rosa Villavicencio, who led the Petro government’s delegation, praised the Caracas summit as a “great success” and vowed that “no one can split the Colombian and Venezuelan peoples” due to their shared history.
In the wake of the meeting with Colombian counterparts, Rodríguez announced the appointment of Admiral Orlando Maniglia as the new Venezuelan Ambassador to Colombia. Maniglia, who previously served as Minister of Defense and Ambassador to Germany, will replace Carlos Eduardo Martínez.
The two countries’ integration agenda will continue with the meeting of a bilateral commission on April 23 and 24 in Maracaibo, Zulia state. The upcoming summit will focus on migration, citizen rights, and the facilitation of free circulation across the border.
Dodgers star Shohei Ohtani expressed regret Monday for his “shortcomings” following Japan’s early exit from the World Baseball Classic.
It is unclear what those shortcomings might have been. Over four games during this year’s tournament, Ohtani led Japan with a .462 batting average, three home runs and seven RBI in 13 at-bats.
Those stats are even better than the ones he posted as the MVP of the last WBC. Over seven games in 2023, Ohtani hit .435 with one home run and eight home runs in 23 at-bats to lead Japan to its third WBC championship.
Overall, however, Japan finished with a .284 batting average, down from a .299 average three years ago. Ohtani did account for his team’s final out of the 2026 tournament — an infield popup to seal an 8-5 quarterfinal loss to Venezuela on Saturday — and took to Instagram two days later.
“Thank you to all the fans for your support. Your cheers pushed us forward every day,” Ohtani wrote in Japanese. “We didn’t achieve the results we hoped for, and I deeply regret my own shortcomings.”
The two-way superstar did not pitch in this year’s WBC, after famously striking out then-Angels teammate Mike Trout of the United States for the final out of the 2023 championship game and going 2-0 with one save and a 1.86 ERA in that tournament.
The US Justice Department reiterated its non-recognition of Maduro since 2019 ahead of a March 26 hearing. (AFP)
Caracas, March 13, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez welcomed on Wednesday the formal recognition granted by the United States government to her administration as the South American country’s “sole” and legitimate authority.
Rodríguez argued that Washington’s decision goes beyond any individual figure or government.
“It is not recognition of a person or a government; it is recognition of a country so that it is able to recover its life,” she said during a televised broadcast, referring to the impact of wide-reaching US unilateral coercive measures imposed since 2015.
The Venezuelan leader affirmed that the diplomatic move could help advance “national unity” and contribute to the “normalization” of the country’s political, economic, and social life. “What matters to me is that this can bring a process of reordering and normalization,” she added.
The recognition was communicated by Manhattan US Attorney Jay Clayton in a “statement of interest” addressed to federal Judge Sarah Netburn. Clayton is likewise heading the prosecution in the US Justice Department’s case against Venezuelan President Nicolás Maduro.
Maduro was kidnapped by US special forces alongside First Lady Cilia Flores on January 3 during a military operation. The pair has pleaded not guilty to charges including drug trafficking conspiracy and will face a hearing on March 26. US officials have not provided evidence tying Venezuelan high-ranking officials to narcotics activities, while specialized reports have consistently found Venezuela to play a marginal role in global drug trafficking.
Clayton’s missive referenced a letter from State Department official Michael Kozak which identified Rodríguez as Venezuela’s “sole Head of State.” Kozak’s letter expressed the Trump administration’s argument that the recognition will help advance US interests in the Caribbean nation.
Trump publicly acknowledged Washington’s recognition of the Venezuelan government for the first time during the Shield of the Americas Summit on March 7. The White House argued that its stance would contribute to Venezuelan stability and economic recovery, as well as create the conditions for “a peaceful transition toward a democratically elected government.”
Caracas and Washington reestablished diplomatic ties on March 5 and have taken steps to reopen their respective embassies and consulates. The Maduro government severed ties with the first Trump administration in 2019 when the latter recognized then–National Assembly president Juan Guaidó as Venezuela’s “interim president.”
Kozak reiterated in his letter that since January 23, 2019, the US has not recognized Maduro as Venezuela’s head of state and that this position had not changed.
“Maduro is an accused narco-terrorist awaiting trial in a US federal court for his crimes,” the document read. The Venezuelan president’s defense team is expected to argue that Maduro should be entitled to immunity from prosecution as a sitting head of state.
Washington’s formal recognition of the acting government in Caracas could also have implications for Venezuelan assets abroad. Since 2019, several bank accounts and US-based Venezuelan refiner CITGO have been frozen or under the control of the US-backed opposition.
The White House’s move will also pave the way for renegotiations surrounding Venezuela’s sizable sovereign debt, with creditors eager for a potential windfall after buying defaulted bonds at very depressed prices.
While Clayton’s address identified Rodríguez as the only person “able to take action on behalf of Venezuela,” US authorities have not clarified whether the Venezuelan government will retake control of its US-based assets.
In addition, the Justice Department attorney declined to take a position regarding “which counsel is authorized to represent certain Venezuelan state-owned entities.” On Thursday, Judge Netburn requested further clarification from the administration regarding the representation of Venezuelan interests before US courts before March 26.
In her Wednesday address, Rodríguez went on to acknowledge “daily exchanges” with US counterparts and expressed “gratefulness” for the reestablishment of trade relations. The acting president stated that Venezuela has imported medical equipment and medicines from US companies in recent weeks.
Since early 2026, the Trump administration taken direct control of revenues generated by Venezuelan oil exports, depositing funds into accounts held by the US Treasury. Around a quarter of an initial US $2 billion crude sale agreement has reportedly been returned to Caracas.
Recently issued US licenses allowing transactions in the Venezuelan oil and mining sectors likewise mandate that proceeds be deposited in Treasury-run accounts.
US officials have claimed that Venezuelan authorities need to submit a “budget request” to access the country’s funds and will only be allowed to import goods and services from US manufacturers.
Edited and with additional reporting by Ricardo Vaz in Caracas.
A United Nations fact-finding mission has concluded that “there are no indicators of structural reforms or change” to improve the human rights situation in Venezuela, despite the removal of its leader in January.
On Thursday, a member of the fact-finding mission, Maria Eloisa Quintero, delivered remarks (PDF) to the UN Human Rights Council questioning whether Venezuela’s leadership would face accountability for its record of human rights abuses.
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She also pointed to ongoing abuses under the government of interim President Delcy Rodriguez, who was sworn into office on January 5.
“Civic and democratic space remains severely restricted. Civil society organizations, the few remaining independent media outlets, and political actors continue to face attacks, harassment or intimidation,” Quintero wrote in her statement.
“The prospects for full guarantees necessary for free and democratic elections remain remote.”
All told, the fact-finding mission found that at least 87 people have been detained since January.
Fourteen of them were journalists who were temporarily taken into custody while covering Rodriguez’s inauguration, and another 27 were reportedly arrested for celebrating the fall of Rodriguez’s predecessor, Nicolas Maduro.
The fact-finding mission revealed that at least 15 of the recent arrests involved children.
A violation of international law
Its report was one of the first international assessments of human rights under Rodriguez’s nascent presidency.
She took office after the United States launched a military operation in the early morning hours of January 3 to abduct Venezuela’s then-President Maduro. Previously, Rodriguez had served as Maduro’s vice president.
Maduro and his wife Cilia Flores currently remain imprisoned in New York, where they face charges of drug trafficking and weapons possession.
The US has backed Rodriguez’s ascent to the presidency. Both her government and that of US President Donald Trump have said there is no immediate plan to hold a new election in Venezuela, citing the need for stability.
Quintero emphasised that it was the view of the fact-finding mission that the US operation “violated international law”, echoing the legal consensus.
“While the Mission has reasonable grounds to believe that Nicolas Maduro is responsible for crimes against humanity committed against the civilian population, this does not justify an unlawful military intervention,” Quintero wrote.
Her remarks also pointed out that, while Maduro may be gone, the rest of his government remains.
That government has faced repeated accusations that it perpetrated violence against members of Venezuela’s political opposition and others deemed critical of the country’s socialist leadership.
“The legal instruments that have long served as a basis for political persecution remain fully in force,” Quintero said.
“State institutions that played a key role in the repression — and which have been identified in previous Mission reports — have not been reviewed or reformed.”
Human rights groups have collected thousands of reports of arbitrary detention, as well as torture and extrajudicial killings, under Maduro, who served as president from 2013 until January.
Members of Venezuela’s opposition have also called for the removal of the existing government, which they say fraudulently claimed victory in the 2024 presidential race, despite vote tallies indicating otherwise.
Limits to ‘positive’ steps
At first, Quintero said the fact-finding mission found that developments under Rodriguez “initially appeared encouraging”.
She pointed to “positive” steps like the release of political prisoners and passage of an amnesty law that would lift criminal penalties for dissidents facing certain criminal charges.
But the benefits of those steps, she said, were mitigated by irregularities. The amnesty law was narrow in scope — only addressing certain accusations, made within a specific time range — and the bill never received a full, public reading.
Meanwhile, the government has claimed to release more political prisoners than has actually been verified by local human rights groups.
Quintero added that the fact-finding mission also found that 30 officials from Venezuela’s Scientific, Criminal and Forensic Investigations Corps (CICPC) — part of the national police agency — were detained for failing to produce false evidence about the US’s attack on January 3.
Their family members, she indicated, also faced government retaliation. The fact-finding mission called for more changes to be made to address the continued human rights abuses.
“A far deeper and more enduring transformation is required so that the population can trust that the long years of repression and violence have truly come to an end,” Quintero wrote.
Instead, she warned that the existing “machinery” of repression is simply “mutating” to adapt to the new reality in Venezuela, post-Maduro.
The International Criminal Court in The Hague, the Netherlands, has cleared the United States of crimes against humanity against Venezuela for sanctions. File Photo by Robin Utrecht/EPA
March 12 (UPI) — The International Criminal Court Office of the Prosecutor announced Thursday that the United States did not commit crimes against humanity with its sanctions against Venezuela.
The investigation, called Venezuela II by the court, was referred to the court by Venezuela’s government in 2020, alleging that sanctions against the country had caused suffering and hardship.
The referral from now-deposed President Nicolas Maduro alleges the suffering of Venezuelans from “the application of unlawful coercive measures adopted unilaterally by the government of the United States of America against Venezuela, at least since the year 2014.”
Venezuela alleged that “murder, extermination, deportation, persecution and other inhumane acts constituting crimes against humanity” were committed, the OTP said.
The ICC prosecutor determined that the “evidential requirements of causation and intent are not met.”
The evidence “must provide a reasonable basis to believe that sanctions by the United States of America led to murder, displacement or other alleged crimes,” the OTP said.
The decision is unrelated to the January 2026 events in Venezuela, the prosecutor noted.
In January, the United States invaded Venezuela, arrested Maduro and his wife and took them to Manhattan, where they await trial on drug trafficking charges.
The ICC prosecutor said it is still investigating “Venezuela I,” a case that doesn’t involve the United States.
Supporters of ousted Venezuela’s President Nicolas Maduro carry his portrait during a rally outside the National Assembly in Caracas, Venezuela, on January 5, 2026. Photo by Jonathan Lanza/UPI | License Photo
WASHINGTON — Cuba’s top diplomat in Washington says Havana is prepared to enter diplomatic talks with the United States, reiterating the country’s willingness to engage even as tensions escalate with President Trump asserting that the island nation’s government could soon collapse.
“We are ready to engage with the U.S. on the issues that are important for the bilateral relation, and to talk about those in which we have differences,” Ambassador Lianys Torres Rivera, who leads Cuba’s mission in Washington, told The Times on Wednesday.
Any dialogue would need to respect Cuba’s sovereignty and its “right to self-determination,” the ambassador said.
“We are sure that it is possible to find a solution,” she said.
Her comments in a wide-ranging interview come at a particularly volatile moment for Cuba, which is under mounting economic pressure after the Trump administration imposed an oil blockade that has choked off the island’s energy supplies.
The measures have deepened a humanitarian crisis and prompted Cuban President Miguel Díaz-Canel to call for an “urgent” overhaul to the country’s economic model.
The situation in Cuba worsened after U.S. forces removed Venezuelan President Nicolás Maduro in January, allowing Washington to later cut off oil shipments from Venezuela to its longtime ally. The Trump administration later pressured other suppliers, including Mexico, to reduce deliveries.
“We are doing our best, and we are being very creative, but it has a serious impact,” Torres Rivera said of the blockade. “It is a collective punishment against the Cuban people.”
The White House this week framed Cuba’s worsening economic and humanitarian conditions as a potential opening to pressure Havana into negotiations.
“The country is obviously in a very weak place, economically speaking, the people are crying out for help, and the president believes and knows the Cuban regime wants a deal,” White House Press Secretary Karoline Leavitt said during a news briefing Tuesday.
Rep. Mario Diaz-Balart (R-Florida) told the Miami Herald on Wednesday that the Trump administration had been having secret, high-level conversations with several people in former President Raul Castro’s inner circle, a similar approach that was taken in Venezuela before Maduro’s capture. (The operation to seize Maduro killed 32 Cuban officers stationed in the country.)
Cuban President Miguel Díaz -Canel, fourth from right, holds up a Cuban flag during a rally in Havana on Jan. 16, 2026, to protest the killing of Cuban officers during the U.S. operation that captured Venezuelan President Nicolás Maduro.
(Ramon Espinosa / Associated Press)
Another report by the USA Today this week said the Trump administration was close to announcing an economic deal with Cuba that would ease travel restrictions, among other things. A representative with the Cuban government declined to comment on the report.
The White House has not specified what a deal may look like. But Trump has said the United States is interested in a “friendly takeover” and has suggested that the move would allow Cubans to visit the island, a place that many Cuban exiles have worried about returning to while the current regime is in place.
“It is just a question of time before a lot of unbelievable people are going back to Cuba,” Trump said at an event last week.
Several news outlets have reported that the Justice Department is examining possible federal charges against officials within Cuba’s government, a move that could prompt a change in the island’s government.
Torres Rivera said she is aware of the reports but said the “judicial accusations” are an “instrument of political coercion without any legitimacy.”
“It is not something we are losing sleep over,” she said.
As for the potential negotiations, Torres Rivera did not provide specifics but talked about restoring diplomatic ties somewhat to how they existed during the Obama administration.
“We are neighbors,” she said. “We have common challenges, common threats, and we can speak about all that, and we can speak on the basis of respect for each other’s sovereignty and each other’s right of self-determination. We are ready for that.”
President Trump has approached diplomacy with Cuba with a harsher tone.
“As we achieve a historic transformation in Venezuela, we’re also looking forward to the great change that will soon be coming to Cuba,” Trump said Saturday, one week after U.S. and Israeli forces attacked Iran and killed Supreme Leader Ayatollah Ali Khamenei.
He added: “Cuba’s at the end of the line. They’re very much at the end of the line. They have no money. They have no oil. They have a bad philosophy. They have a bad regime that has been bad for a very long time.”
Trump said that he has put Secretary of State Marco Rubio in charge of leading the talks with Cuba and that he believes a “deal would be made very easily with Cuba.”
Torres Rivera did not offer an opinion on Rubio being tapped to lead the negotiations. Rubio is the son of Cuban immigrants who came to Florida three years before Castro’s brother, revolutionary Fidel Castro, rose to power in 1959. She reiterated that Cuba is “ready to engage” in talks regardless of who is leading them.
“We are not talking about persons, we are talking about the government and we are ready to engage with the U.S. to talk about the very important issues that we have in bilateral relations,” she said.
A new report has expressed alarm at what it describes as backsliding press freedoms across the Americas, with the United States seeing the steepest decline.
The Inter American Press Association (IAPA) released its latest press freedom index on Tuesday, ranking last year as the lowest point for freedom of expression since the report began in 2020.
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Researchers found that the Americas have experienced a “dramatic deterioration” in unrestricted speech, according to the report.
“This is one of the worst years for journalism in the region, marked by murders, arbitrary arrests, exile, and rampant impunity in countries such as Mexico, Honduras, Ecuador, Nicaragua, El Salvador, Guatemala, Colombia, Cuba, and Venezuela,” the report said.
It added that enhanced restrictions on free speech have occurred in countries of various ideological persuasions, whether right-wing or left-wing.
The US, however, was singled out as an area of “alarming decline”. In a ranking of 23 countries across the hemisphere, the US dropped from fourth place to 11th, indicating that journalists operate with increased restrictions.
Changes under President Donald Trump, who returned to office last year, were cited as a primary factor.
“Even though journalistic practice in the United States remains protected by the Constitution and laws, last year’s events saw the erosion of safeguards,” the report explained.
Trump, it said, had contributed to the “stigmatisation of critical journalism”. The report also pointed to developments like cuts to public media funding and the closure of Voice of America, a government-funded broadcaster, as detriments to the free press.
In total, the report tallied 170 attacks against journalists in the US last year, and it cited interactions with federal immigration agents as an area of concern.
The report also noted that Nicaragua and Venezuela continue to rank as “without freedom of expression”.
In Venezuela’s case, for instance, it cited the closure of more than 400 radio stations and the detention of 25 journalists in the wake of the controversial 2024 presidential election.
On a scale of 100, the report ranked press freedom in the country at 7.02. It remains in last place on the report’s list of 23 countries.
El Salvador also dropped in the index’s latest evaluation, now in 21st position on the press freedom list, just ahead of Nicaragua and Venezuela.
In an accompanying statement, Sergio Arauz, the president of the Association of Journalists of El Salvador (APES), denounced what he called the “escalating repression” under the government of President Nayib Bukele.
Arauz noted that 50 Salvadoran journalists had been pushed into exile in the last year amid a campaign of harassment by the government.
“There are no possibilities of practicing journalism fully without facing consequences when there is an Executive branch with virtually unlimited powers and no effective legal oversight,” said Arauz.
Since 2022, Bukele and his government have placed the country under a state of emergency that suspended key civil liberties and granted wide latitude to state security forces, in the name of addressing crime.
Tuesday’s report pointed to the state of emergency as a factor in undermining free speech, and also cited El Salvador’s new Foreign Agents Law, which gives the government the power to dissolve organisations that receive funding from abroad.
El Salvador is one of eight nations categorised in the index as “high restriction”, along with Ecuador, Bolivia, Honduras, Peru, Mexico, Haiti and Cuba.
The Dominican Republic, Chile, Canada and Brazil were ranked among the highest for protecting press freedoms.
Code Pink participated in a solidarity brigade to Venezuela in February. (Instituto Simón Bolívar)
On our recent delegation to Venezuela, one quote echoed again and again — a warning written nearly two centuries ago by Simón Bolívar in 1829:
“The United States appears destined by Providence to plague America with misery in the name of liberty.”
For many Venezuelans, that line no longer feels like history. It feels like the present.
The January 3 U.S. military operation that seized President Nicolás Maduro and First Lady Cilia Flores marked a dramatic escalation in a conflict that Venezuelans describe not as sudden but as cumulative — the culmination of decades of pressure, sanctions, and attempts at isolation. “We still haven’t totally processed what happened on January 3,” sanctions expert William Castillo told us. “But it was the culmination of over 25 years of aggression and 11 years of resisting devastating sanctions. A 20-year-old today has lived half his life in a blockaded country.”
Carlos Ron, former deputy foreign minister and now with the Tricontinental Institute for Social Research, described the buildup to the invasion as the result of a carefully constructed narrative. “First there was the dangerous rhetoric describing Venezuelans in the United States as criminals,” he said. “Then endless references to the Tren de Aragua gang. Then the boat strikes blowing up alleged smugglers. Then the oil tanker seizures and naval blockade. The pressure wasn’t working, so they escalated to the January 3 invasion and kidnapping of President Maduro and his wife, Cilia Flores, and the deaths of over 100 people.”
While in the United States the events of January 3 have largely been forgotten, replaced by a devastating war with Iran, in Venezuela the reminders are everywhere. Huge banners draped from apartment buildings demand: “Bring them home.”Weekly protests call for their release.
In the Tiuna neighborhood of Caracas, we met Mileidy Chirinos, who lives in an apartment complex overlooking the site where Maduro was captured. From her rooftop, she told us about that dreadful night, when the sky lit up with explosions so loud her building shook and everyone ran outside screaming.
“Have your children ever woken up terrified to the sound of bombs?” she asked.
We shook our heads.
“Ours have,” she said. “And they are U.S. bombs. Now we understand what Palestinians in Gaza feel every day.”
She told us psychologists now visit weekly to help residents cope with the trauma.
Within days of the U.S. invasion, the National Assembly swore in Vice President Delcy Rodríguez as acting president. President Trump publicly praised Rodríguez for “doing a good job,” emphasizing his strong relationship with her. But from the beginning, she has been negotiating with the United States with a gun to her head. She was told that any refusal to compromise would result not in the kidnapping of her and her team, but death and the continued bombing of Venezuela.
The presence of U.S. power looms large. Nuclear submarines still patrol offshore. Thousands of troops remain positioned nearby. Every statement and decision made by the government is scrutinized. And on February 2, despite Trump’s praise for Delcy Rodríguez, he renewed the 2015 executive order declaring Venezuela an “unusual and extraordinary threat” to U.S. national security.
The visits from the heads of the CIA and Southern Command have undoubtedly been difficult for the government to swallow. Delcy’s revolutionary father was tortured to death in 1976 by a Venezuelan government that worked closely with the CIA. The U.S. Southern Command coordinated the January 3 attack.
But the government is not without leverage.
“The United States thought the state was weak, that it didn’t have popular support, that the military was divided,” said Tania Díaz of the ruling PSUV party. “January 3rd could have triggered looting, military defections, or widespread destabilization. None of that happened.”
The United States has overwhelming military dominance, but it was also aware that millions of Venezuelans signed up to be part of the people’s militia. This militia, along with the army that remained loyal to the government, gave Washington pause about launching a prolonged war and attempting to replace Delcy Rodríguez with opposition leader María Corina Machado.
While Machado enjoys enthusiastic support among Venezuelan exiles in Miami and the Trump administration recognized her movement as the winner of the 2024 election, the picture inside Venezuela is very different. The opposition remains deeply divided and Trump realized there was no viable faction ready to assume power.
Besides, as William Castillo put it bluntly: “Trump does not care about elections or human rights or political prisoners. He cares about three other things: oil, oil, and oil.” To that, we can add gold, where the U.S. just pushed Venezuela to provide direct access to gold exports and investment opportunities in the country’s gold and mineral sector,
Certainly, under the circumstances, the Venezuelan leadership has had little choice but to grant the United States significant influence over its oil exports. But while Trump boasts that this is the fruit of his “spectacular assault,” Maduro had long been open to cooperation with U.S. oil companies.
“Maduro was well aware that Venezuela needed investment in its oil facilities,” Castillo told us, “but the lack of investment is because of U.S. sanctions, not because of Maduro. Venezuela never stopped selling to the U.S.; it is the U.S. that stopped buying. And it also stopped selling spare parts needed to repair the infrastructure. So the U.S. started the fire that decimated our oil industry and now acts as if it’s the firefighter coming to the rescue.”
In any case, the easing of oil sanctions — the only sanctions that have been partially lifted — is already bringing an infusion of much-needed dollars, and the government has been able to use these funds to support social programs.
But in Venezuela the conflict is not seen as simply about oil. Blanca Eekhout, head of the Simon Bolivar Institute, says U.S. actions represent a brazen return to the 1823 Monroe Doctrine. The doctrine originally warned European powers not to interfere in the Western Hemisphere, but over time it became a justification for repeated U.S. interventions across the region.
“We have gone back 200 years,” she said. “All rules of sovereignty have been violated. But while the Trump administration thinks it can control the hemisphere by force, it can’t.”
The historical contradiction is stark. In 1823, the young United States declared Latin America its sphere of influence. A year earlier, Bolívar envisioned a powerful, sovereign Latin America capable of charting its own destiny. That tension still echoes through the present.
Bolívar’s dream is also being battered by the resurgence of the right across the region. The left in Latin America is far weaker than during the days of Hugo Chávez. Bolivia’s Evo Morales and Ecuador’s Rafael Correa have been replaced by conservative leaders. Cuba remains under a suffocating U.S. siege. Progressive regional institutions like CELAC and ALBA have faded, and the vision of Latin American unity that once seemed within reach now feels far more fragile.
In Caracas, the situation is tangled, contradictory, and volatile. But amid the uncertainty, one thing felt clear: the Venezuelan left is not collapsing. It is recalibrating.
As Blanca told us before we left:
“They thought we would fall apart. But we are still here.”
And in the background, Bolívar’s warning continues to drift through the air — like a storm that never quite passes.
The views expressed in this article are the author’s own and do not necessarily reflect those of the Venezuelanalysis editorial staff.
The US president repeats claims that Cuba is ready to negotiate as it faces a spiralling energy and economic crisis.
Published On 10 Mar 202610 Mar 2026
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United States President Donald Trump has signalled that his administration is still pursuing a government overthrow in Cuba even as the US-Israeli war on Iran enters its second week.
Trump said on Monday that the US Department of State is still focused on Cuba, where plans by the White House may or may not include “a friendly takeover” of the island, according to the Reuters news agency.
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US Secretary of State Marco Rubio is “dealing” with Cuba, the president told reporters in Florida.
“He’s dealing [with it], and it may be a friendly takeover, it may not be a friendly takeover. Wouldn’t really matter because they’re really down to … as they say, fumes. They have no energy, they have no money,” Trump said.
“They are going to make either a deal or we’ll do it just as easy, anyway,” he said.
Cuba has been grappling with an energy crisis since January, when US forces abducted Venezuelan President Nicolas Maduro and halted fuel exports from Caracas to Havana, cutting the country off from one of its few allies and a key source of oil for the Cuban economy.
White House officials have suggested that Cuba is facing an economic collapse and that its government is ready to negotiate with Washington.
Trump has said on multiple occasions that Cuba’s government is ready to “fall” and that its leaders want to “make a deal” with Washington, according to NBC News.
Cuba has denied reports of high-level talks, according to Reuters, but it has not “outright” denied US media reports of “informal talks” between Raul Guillermo Rodriguez Castro, the grandson of former Cuban President Raul Castro, and US officials.
Cuba has been in the crosshairs of the US for decades, but Trump is the first US president since the Cold War to openly discuss and pursue a government change in Havana.
Trump’s attacks on Venezuela and Cuba are in line with his revival of the “Monroe Doctrine”, a 19th-century policy that states the Western Hemisphere should be solely under the sway of the US and no other foreign power.
Trump first raised the notion of a “friendly takeover” of Cuba in February.
At the inaugural “Shield of the Americas” summit in South Florida, United States President Donald Trump announced the creation of what he calls the Americas Counter-Cartel Coalition: a group of a dozen politically aligned countries committed to fighting drug trafficking.
But as he signed a declaration to cement that commitment, Trump signalled that it came with the expectation that cartels would not be confronted with law enforcement action, but instead military might.
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“ The only way to defeat these enemies is by unleashing the power of our military. So we have to use our military. You have to use your military,” Trump told the audience of Latin American leaders.
“You have some great police, but they threaten your police. They scare your police. You’re going to use your military.”
Saturday’s summit was the latest step in a larger foreign policy pivot under Trump.
Since taking office for a second term, Trump has distanced himself from some of the US’s traditional allies in Europe, instead forging tighter partnerships with right-wing governments around the world.
The attendance at the Shield of the Americas summit reflected that shift. Right-wing leaders, including Argentina’s Javier Milei, El Salvador’s Nayib Bukele and Ecuador’s Daniel Noboa, were among the guest list.
But notably absent was top-level leadership from Mexico, the US’s biggest trading partner, and Brazil, the largest country in the region by economy and population.
Both Mexico and Brazil are led by left-wing presidents who have resisted some of Trump’s more hardline policies.
The growing rift between the US and some of its longtime partners was a feature in the brief remarks delivered by US Secretary of State Marco Rubio, who praised attendees for their cooperation.
“They’re more than allies. They’re friends,” Rubio said of the leaders present.
“At a time when we have learned that oftentimes an ally, when you need them, maybe may not be there for you, these are countries that have been there for us.”
Secretary of Defense Pete Hegseth, meanwhile, reiterated his view that criminal networks and cartels pose an existential crisis for the entire Western Hemisphere, which he described as sharing the same cultural and religious roots.
“ We share a hemisphere and geography. We share cultures, Western Christian civilisation. We share these things together. We have to have the courage to defend it,” Hegseth said.
Donald Trump meets with El Salvador’s President Nayib Bukele as they attend the ‘Shield of the Americas’ summit on March 7 [Kevin Lamarque/Reuters]
A military-first approach
Latin America is one of several areas where Trump has launched military operations since returning to office in January 2025.
His rationale for authorising deadly operations in the region has centred primarily on the illicit drug trade.
Trump has repeatedly argued that Latin American criminal networks pose an imminent threat to national security, through the trafficking of people and drugs across US borders.
Experts in international law have pointed out that drug trafficking is considered a criminal offence — and it is not accepted as justification for acts of military aggression.
But the Trump administration has nevertheless launched lethal military strikes against alleged drug traffickers in Latin America.
Since September, for instance, the Trump administration has conducted at least 44 aerial strikes on maritime vessels in the Caribbean Sea and eastern Pacific Ocean, killing nearly 150 people.
The victims’ identities have never been publicly confirmed, nor has evidence been publicly released to justify the deadly strikes.
Some families in Colombia and Trinidad and Tobago have stepped forward to claim the dead as their loved ones, out on a fishing expedition or travelling between islands for informal work.
In Saturday’s remarks, Trump justified the attacks by arguing that cartels and other criminal networks had grown more powerful than local militaries — and therefore necessitated a lethal response.
“Many of the cartels have developed sophisticated military operations. Highly sophisticated, in some cases. They say they’re more powerful than the military in the country,” Trump said.
“Can’t have that. These brutal criminal organisations pose an unacceptable threat to national security. And they provide a dangerous gateway for foreign adversaries in our region.”
He then compared cartels to a disease: “They’re cancer, and we don’t want it spreading.”
US President Donald Trump signs a proclamation at the ‘Shield of the Americas’ summit in Doral, Florida [AFP]
A ‘nasty’ operation in Venezuela
In late December and early January, Trump also initiated attacks on Venezuelan soil, again defending his actions as necessary to stop drug traffickers.
The first attack targeted a port Trump linked to the gang Tren de Aragua. The second, on January 3, was a broader offensive that culminated in the abduction and imprisonment of Venezuela’s then-leader, President Nicolas Maduro.
On Saturday, Trump reflected on that military operation, which he characterised as an unmitigated success.
Maduro is currently awaiting trial on drug-trafficking charges in New York, though a declassified intelligence report last May cast doubt on Trump’s allegations that the Venezuelan leader directed drug-trafficking operations through groups like Tren de Aragua.
“America’s armed forces also ended the reign of one of the biggest cartel kingpins of all, with Operation Absolute Resolve to bring outlaw dictator Nicolas Maduro to justice in a precision raid,” Trump told Saturday’s summit.
He then described the military operation as “nasty”, though he underscored that no US lives were lost.
The early-morning raid, however, killed at least 80 people in Venezuela, including 32 Cuban military officers, dozens of Venezuelan security forces, and several civilians.
“We went right into the heart. We took them out, and it was nasty. It was about 18 minutes of pure violence, and we took them out,” Trump said of the operation.
Trump has since held up Venezuela as a model for regime change around the world, particularly as it leads a war with Israel against Iran.
Maduro’s successor, interim President Delcy Rodriguez, has so far complied with many of Trump’s demands, including for reforms to the country’s nationalised oil and mining sectors.
Just this week, the two countries re-established diplomatic relations for the first time since 2019, under Trump’s first term as president.
In Saturday’s remarks, however, Trump reiterated that his positive relationship with Rodriguez hinged on her cooperation with his priorities.
“She’s doing a great job because she’s working with us. If she wasn’t working with us, I would not say she’s doing a great job,” he said.
“In fact, if she wasn’t working with us, I’d say she’s doing a very poor job. Unacceptable.”
US Secretary of Defense Pete Hegseth speaks at the summit of Latin American leaders on March 7 [Kevin Lamarque/Reuters]
‘We’ll use missiles’
Trump did, however, express consternation with other presidents in the Latin American region, accusing them of allowing cartels to run amok.
“Leaders in this region have allowed large swaths of territory, the Western Hemisphere, to come under the direct control” of the cartels, Trump said.
“Transnational gangs have taken over, and they’ve run areas of your country. We’re not going to let that happen.”
He even delivered an ominous warning to the summit’s attendees: “Some of you are in danger. I mean, you’re actually in danger. It’s hard to believe.”
Many of the leaders in attendance, including El Salvador’s Bukele, have launched their own harsh crackdowns on gangs in their countries, employing “mano dura” or “iron fist” tactics.
Those campaigns, however, have elicited concerns from human rights groups, who have noted that presidents like Bukele used emergency declarations to suspend civil liberties and imprison hundreds of people, often without a fair trial.
Still, Trump dismissed alternative approaches in Saturday’s speech. Though he did not mention Colombia by name, he was critical of efforts to negotiate for the disarmament of cartels and rebel groups, as Colombian President Gustavo Petro has sought to do.
Instead, he offered to deploy military might throughout the region.
“We’ll use missiles. If you want us to use a missile, they’re extremely accurate — pew! — right into the living room, and that’s the end of that cartel person,” Trump said.
“A lot of countries don’t want to do that. They say, ‘Oh, sure. I’d rather not have that. I’d rather not have it. I believe they could be spoken to.’ I don’t think so.”
Leaders gather for a group photo at the ‘Shield of the Americas’ summit on March 7 [Kevin Lamarque/Reuters]
A call to ‘eradicate’ Mexico’s cartels
One country he did single out, though, was Mexico. Trump suggested that it had fallen behind other countries in the region in its efforts to combat crime.
“We must recognise the epicentre of cartel violence is Mexico,” he said.
“The Mexican cartels are fueling and orchestrating much of the bloodshed and chaos in this hemisphere, and the United States government will do whatever’s necessary to defend our national security.”
Since the start of his second term, Trump has pressured Mexico to step up its security efforts, threatening tariffs and even the possibility of military action if it does not comply.
Mexican President Claudia Sheinbaum has responded by increasing military deployments throughout the country.
In February 2025, for instance, she announced 10,000 soldiers would be sent to the US-Mexico border. For the upcoming FIFA World Cup, her officials have said nearly 100,000 security personnel will be patrolling the streets.
Just last month, her government also launched a military operation in Jalisco to capture and kill the cartel leader Nemesio Oseguera Cervantes, nicknamed “El Mencho”. She has also facilitated the transfer of cartel suspects to the US for trial.
But Trump reemphasised on Saturday his belief that Sheinbaum had not gone far enough, though he called her a “very good person” and a “beautiful woman” with a “beautiful voice”.
“I said, ‘Let me eradicate the cartels,’” Trump said, relaying one of his conversations with Sheinbaum.
“We have to eradicate them. We have to knock the hell out of them because they’re getting worse. They’re taking over their country. The cartels are running Mexico. We can’t have that. Too close to us, too close to you.”
Secretary of State Marco Rubio, centre, delivers remarks at a working lunch at Trump National Doral Miami in Florida [Rebecca Blackwell/AP Photo]
‘Last moments of life’ in Cuba
Trump also used his podium to continue his threats against Cuba’s communist government.
Since the January 3 attack on Venezuela, Trump has increased his “maximum pressure” campaign against the Caribbean island, which has been under a full US trade embargo since the 1960s.
His administration severed the flow of oil and funds from Venezuela to Cuba, and in late January, Trump announced he would impose steep economic penalties on any country that provides the island with oil, a critical resource for the country’s electrical grid.
Already, the country has been struck with widespread blackouts, and the United Nations has warned Cuba is inching closer to humanitarian “collapse”.
But Trump framed the circumstances as progress towards the ultimate goal of regime change in Cuba.
“As we achieve a historic transformation in Venezuela, we’re also looking forward to the great change that will soon be coming to Cuba,” he told Saturday’s summit.
“Cuba’s at the end of the line. They’re very much at the end of the line. They have no money, they have no oil. They have a bad philosophy. They have a bad regime that’s been bad for a long time.”
He added that he thinks changing Cuba’s government will be “easy” and that a deal could be struck for the transition of power.
“Cuba’s in its last moments of life as it was. It’ll have a great new life, but it’s in its last moments of life the way it is,” Trump said.
But while Trump’s remarks largely focused on governments not represented at the summit, he warned that there could be consequences even for the right-wing leaders in attendance.
Trump’s “Shield of the Americas” coalition comes as he seeks to bring the whole of Latin America in line with US priorities. It’s a policy he has dubbed the “Donroe Doctrine”, a riff on the 19th-century Monroe Doctrine, which claimed the Western Hemisphere as the US’s sphere of influence.
To Trump, that means ousting rival powers like China as they seek to forge relationships and economic ties with Latin America. Trump has even mused about retaking the Panama Canal, based on his allegation that the Chinese have too much control in the area.
“As these situations in Venezuela and Cuba should make clear, under our new doctrine — and this is a doctrine — we will not allow hostile foreign influence to gain a foothold in this hemisphere,” Trump said.
He then made a pointed remark to Panama’s president, Jose Raul Mulino, who was in the audience.
“That includes the Panama Canal, which we talked about. We’re not going to allow it.”
Acting President Delcy Rodríguez has defended diplomatic engagement with Washington. (AP)
Caracas, March 6, 2026 (venezuelanalysis.com) – The Venezuelan and US governments announced the restoration of diplomatic relations after a seven-year hiatus.
Caracas and Washington issued near-simultaneous press releases on Thursday night, though they did not specify a date for the reopening of the respective embassies and consulates.
In its statement, the Venezuelan government headed by Acting President Delcy Rodríguez expressed “trust” that the renewed ties would lead to a “mutually beneficial” relationship.
“The Bolivarian government reaffirms its disposition to advance to a new stage of constructive dialogue, based on mutual respect and cooperation,” the communiqué read.
For its part, the US State Department declared that the diplomatic reengagement would “facilitate our joint efforts to promote stability, support economic recovery, and advance political reconciliation in Venezuela.”
“Our engagement is focused on helping the Venezuelan people move forward through a phased process that creates the conditions for a peaceful transition to a democratically elected government,” the statement read.
The US and Venezuela engaged in a fast diplomatic rapprochement following the January 3 US military strikes and kidnapping of President Nicolás Maduro and First Lady Cilia Flores. Maduro and Flores have pleaded not guilty to charges including drug trafficking conspiracy, and their next hearing is scheduled for March 26. Despite repeated “narcoterrorism” accusations, US officials have not presented evidence of the involvement of Venezuelan high-ranking officials in narcotics activities, while specialized reports have consistently found the Caribbean nation to play a marginal role in global drug trafficking.
In the past two months, several senior White House officials have been hosted by Acting President Rodríguez, including CIA Director John Ratcliffe, Energy Secretary Chris Wright, and most recently Interior Secretary Doug Burgum. US Southern Command chief Francis Donovan likewise met with Venezuelan leaders, while Chargé d’Affaires Laura Dogu has been in the country since early February.
Dogu has been slated to take over as ambassador, while Félix Plasencia is set to become Venezuela’s top diplomat in the US.
Despite the January 3 bombings and presidential kidnapping, Rodríguez and other officials have defended the diplomatic engagement with Washington. The rapprochement has also seen Venezuelan authorities vow to “adapt legislation” to attract US corporate investment.
The National Assembly enacted a pro-business overhaul of the Hydrocarbon Law in late January, with the US Treasury subsequently issuing licenses allowing an expanded presence from Western energy conglomerates while imposing control over export revenues.
The Maduro government severed ties with Washington in 2019 after the first Trump administration recognized the self-proclaimed “interim government” led by Juan Guaidó as the country’s legitimate authority.
The recognition saw Guaidó and other opposition leaders take control of Venezuelan assets abroad, including US-based refiner CITGO, with their management facing accusations of widespread malfeasance and corruption.
After Guaidó was driven out by other US-backed factions in January 2023, the Biden administration transferred the recognition to the former opposition-majority National Assembly whose term had run out in 2021. Despite being abroad and exercising no activity, the former deputies have continued to collect salaries drawn from frozen Venezuelan state assets.
US authorities have not clarified whether the Venezuelan government will regain access to US-based bank accounts and other assets, since several state entities, including oil company PDVSA and the Central Bank, remain under Treasury sanctions.
The formal recognition of the acting Rodríguez administration is expected to pave the way for debt renegotiation. With sanctions barring the country from maintaining its debt service, liabilities ballooned to an estimated US $170 billion.
The licence follows a push from US President Donald Trump to open Venezuela’s resource sector to international investment.
Published On 6 Mar 20266 Mar 2026
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The United States government has authorised a limited licence for the export of Venezuelan gold, following a high-level meeting to expand mining in the country.
On Friday, a notice appeared on the US Department of the Treasury’s website announcing the licence.
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It allows Venezuela’s state-run mining company Minerven and its subsidiaries to export, transport and sell Venezuelan gold to the US, within the parameters set out under US law.
Under the licence, however, no Venezuelan gold will be permitted to be exchanged with Cuba, North Korea, Iran or Russia.
The licence also requires payments to sanctioned individuals to flow through Treasury accounts known as Foreign Government Deposit Funds, the same system that has been used to store the proceeds from Venezuelan oil sales.
Minerven and other state-owned industries have faced US sanctions for years, as a penalty for the push to nationalise Venezuela’s resources under former President Hugo Chavez.
But the US has been pushing for inroads into Venezuela’s oil and mining sectors since January 3, when it launched an operation to abduct and imprison the country’s then-president, Nicolas Maduro.
The January 3 military operation has been condemned as a violation of international law, and critics argue that US President Donald Trump has since sought to exploit Venezuela’s natural resources for his country’s gain.
Trump and his allies maintain that Venezuela’s oil resources were stolen from the US, citing the expropriation of assets from US businesses in 2007.
But international law guarantees that countries have permanent sovereignty over their own natural resources, which cannot be exploited by foreign powers without consent.
So far, the government of interim Venezuelan President Delcy Rodriguez has complied with Trump’s requests to surrender oil to the US and open the country’s oil and mining sectors to foreign investment.
Just this week, Rodriguez agreed to send a mining reform law to the country’s National Assembly, following a two-day visit from Trump’s Interior Secretary Doug Burgum.
And in late January, Rodriguez signed into law a separate reform that allowed for the expansion of private investment from abroad in Venezuela’s oil sector and lowered taxes on the industry.
Venezuela’s economy has struggled under tightening US sanctions and government mismanagement, forcing millions of citizens from the South American country to flee its borders over the last decade.
Proponents of the reforms say outside investment can help revive Venezuela’s ailing economy and fund upgrades to its outdated mining infrastructure.
On Friday, Venezuela’s central bank released its first inflation statistics since November 2024, showing that inflation skyrocketed to 475 percent in 2025, when the US placed an embargo on Venezuelan oil exports.
Gold production from Venezuela in 2025 amounted to nearly 9.5 tonnes, according to the government, and the country sits on some of the largest oil deposits in the world.
Rodríguez and Burgum gave a joint press conference in Miraflores Palace. (AFP)
Caracas, March 5, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez met Wednesday with US Interior Secretary Doug Burgum at the Miraflores Presidential Palace in Caracas to discuss a bilateral agenda focused on energy and mining.
Senior officials from both countries also attended a closed-door meeting, including US Chargé d’Affaires Laura Dogu and Venezuelan Interior Minister Diosdado Cabello. Rodríguez and Burgum later gave a joint press conference.
“We welcomed Burgum to address important aspects related to metallic, non-metallic, strategic and non-strategic minerals,” the acting president told reporters. “We want the Venezuelan people to see the advantage of having good relations with the world and with the United States.”
Rodríguez said that her economic team will soon present a proposal to the National Assembly to “expand” Venezuela’s Mining Law, urging lawmakers to reform it “swiftly” in order to showcase “investment and development opportunities in the mining sector” to both domestic and international business groups.
Venezuela’s current mining legislation was approved in 1999. Rodríguez noted that the government intends to replicate the “win-win formula” of the recent hydrocarbon reform approved on January 29, which introduced wide-reaching benefits for foreign capital in the oil sector.
Under the overhauled legislation, private operators get expanded control over operations, with limited parliamentary oversight and a reduced tax burden.
Rodríguez also thanked US President Donald Trump for a social media post praising the Venezuelan acting president for “doing a great job.” The Venezuelan leader highlighted the US government’s “kind disposition” to work on a “mutually beneficial” cooperation agenda.
For his part, Burgum said that Venezuela is “an extraordinarily rich nation” in oil, gas, and critical minerals, adding that the opportunities for collaboration between the two countries “have no limits.” He serves as chair of the US National Energy Dominance Council as well.
According to the senior White House official, who holds the natural resources portfolio, the potential cooperation could deliver something “truly remarkable” for both the Venezuelan and American people. Burgum’s delegation included representatives from over 20 US and Canadian mining companies, some of them with a past presence in Venezuela.
“These companies are ready to begin,” he said. “I know that [Acting President] Rodríguez, like President Trump, wants to cut bureaucratic red tape so this capital investment can start flowing.”
Among the companies represented in the visit were US firms Peabody Energy—the world’s largest private coal company—Hartree Partners, Orion CMC, Paulson & Co., and Caterpillar Inc., along with Canada’s Lundin Mining Corp and Singapore-based commodities trader Trafigura.
Canadian miner Gold Reserve also announced plans to return to the Caribbean nation and disclosed a 30-day US Treasury license to negotiate with Caracas.
According to Axios, US officials additionally negotiated a multimillion-dollar agreement with Venezuela’s state mining company Minerven to sell up to one metric ton of gold to the US market, currently valued at roughly $165 million.
The deal would require Minerven to supply between 650 and 1,000 kilograms of doré gold bars—a crude alloy of gold and silver with 50 to 90 percent purity—to Trafigura, which would transport the metal to US refineries. The transaction details were not disclosed, including whether Trafigura will deposit payment in US-run accounts in an arrangement similar to the one the Trump administration has imposed for Venezuelan oil exports.
Burgum is the fourth senior US official to visit Venezuela since the January 3 US military strikes and kidnapping of President Nicolás Maduro and his wife, National Assembly deputy Cilia Flores.
Earlier visits included US Southern Command chief Francis Donovan, CIA Director John Ratcliffe, and US Energy Secretary Chris Wright.
Venezuela possesses vast unexplored and proven mineral reserves, including significant gold, iron, bauxite, diamonds, nickel, and copper deposits. Coltan reserves have likewise been touted in recent years.
According to the International Center for Productive Investment (CIIP)—an agency attached to the Venezuelan vice presidency—the country holds the eighth-largest iron reserves in the world, estimated at 14.7 billion metric tons, as well as more than 321 million tons of bauxite, the raw material used to produce aluminum.
Regarding gold, the CIIP estimates that Venezuela may hold between 2,200 and 8,000 metric tons, which would place the country among the largest gold reserves globally.
Analysts have also highlighted the possibility of finding rare earth deposits in the South American country. The 17 elements have diverse applications in cutting-edge technology and advanced weapons systems. Washington is currently highly dependent on rare earth imports from China.
The U.S. Department of State announced that the United States and Venezuela are re-establishing diplomatic and consular ties as Venezuela’s acting President Delcy Rodriguez, right, and U.S. Secretary of the Interior Doug Burgum concluded two days of meetings on cooperation in the energy and mining sectors. Photo by Miguel Gutierrez/EPA
March 5 (UPI) — The United States and Venezuela will re-establish diplomatic and consular relations just over two months after former Venezuelan President Nicolas Maduro was deposed from power.
The U.S. Department of State made the announcement on Thursday evening after high-ranking U.S. officials met with their counterparts in Venezuela to negotiate greater access to oil, critical minerals and gold.
“This step will facilitate our joint efforts to promote stability, support economic recovery and advance political reconciliation in Venezuela,” the State Department said in a statement.
“Our engagement is focused on helping the Venezuelan people move forward through a phased process that creates the conditions for a peaceful transition to a democratically elected government,” officials said in the statement.
U.S. Secretary of the Interior Doug Burgum met with interim Venezuelan President Delcy Rodriguez, who was installed as the country’s leader after the U.S. military captured Maduro and brought him to the United States to face charges that include narco-trafficking.
Burgum and Rodriguez were discussing oil and critical mineral opportunities, in addition to finalizing an American-brokered deal with a Singapore-based company to mine and buy $100 million in gold, The New York Times reported.
Rodriguez said after Burgum’s two-day visit that her government has “full willingness to build a joint work agenda based on respect and mutual benefits,” specifically with regard to energy and other business cooperation, Axios reported.
President Donald Trump speaks during a roundtable on the Ratepayer Protection Pledge inside the Indian Treaty Room of the Eisenhower Executive Office Building near the White House on Wednesday. Technology firms that sign the pledge will commit to ensuring artificial intelligence infrastructure does not raise utility bills for households and small businesses. Photo by Bonnie Cash/UPI | License Photo
PDVSA touted oil supplies to the US market, though the Trump administration controls revenues. (PDVSA)
Caracas, March 4, 2026 (venezuelanalysis.com) – Venezuelan state oil company PDVSA emphasized recent agreements to supply crude to the US market and reiterated its commitment to “global energy market stability” amid spiraling volatility caused by the US-Israel war against Iran.
“PDVSA has signed supply contracts with trading companies that deliver oil and derivatives to US markets, thus maintaining a historic trade relationship to guarantee supply,” the company said in a statement on Tuesday.
PDVSA further reaffirmed its stance as a “reliable provider” that will contribute to the “necessary equilibrium” in global energy markets, and called for an end to sanctions against the Venezuelan oil industry.
The communiqué followed a surge in oil prices as a result of the US and Israeli attacks against Iran. On February 28, Washington and Tel Aviv launched a massive bombing campaign against military and civilian targets in the West Asian country.
Tehran has responded by striking Israel and US bases in the region, including in several oil-producing Gulf states. Iranian forces have likewise shut down the Strait of Hormuz, a critical passageway for oil shipments.
Though Venezuelan popular movements have firmly condemned the US-Israeli aggression and voiced support for Iran, the government headed by Acting President Delcy Rodríguez has yet to take a position. Rodríguez expressed “solidarity” with Qatar following the deletion of a controversial Foreign Ministry statement over the weekend.
Since its January 3 bombing of Venezuela and kidnapping of President Nicolás Maduro, the Trump administration has imposed control over the Venezuelan oil industry. Commodity traders Vitol and Trafigura have been lifting Venezuelan crude before re-selling to final customers, with proceeds deposited in accounts managed by the US Treasury Department.
After an initial arrangement that saw revenues routed through Qatar, US Energy Secretary Chris Wright announced last week that payment for Venezuelan oil is now going directly to US Treasury accounts. Wright visited Venezuela in February. He was hosted by Rodríguez in the presidential palace and toured oil facilities where US energy giant Chevron owns stakes.
Out of an initial deal estimated at around US $2 billion, US authorities confirmed that $500 million have been sent back to Caracas, to be offered by Venezuelan banks to private sector importers in foreign exchange auctions. US officials have also confirmed imports of medical equipment and supplies from US manufacturers. Secretary of State Marco Rubio had vowed that Venezuelan oil revenues would be used for purchases from US companies.
In recent weeks, the Trump administration has issued licenses allowing the export of inputs and software to the Venezuelan oil industry, as well as waivers allowing select corporations to expand crude extraction activities in the South American country.
However, the licenses mandate that all royalty, tax, and dividend payments to the Venezuelan state be deposited in US-managed accounts. Similarly, Washington mandated that contracts be subject to US jurisdiction. Transactions with companies from China, Russia, Iran, Cuba and North Korea remain banned, while PDVSA continues under financial sanctions.
The selective loosening of restrictions followed a pro-business overhaul of Venezuela’s Hydrocarbon Law. The reform, approved in late January, grants private corporations expanded control over operations and sales, a reduced tax burden, and the possibility for disputes to be taken to external arbitration.
Both Venezuelan and US officials, including Trump himself, have urged Western corporations to invest in the Caribbean nation’s energy sector, but executives have expressed reservations given market conditions. ExxonMobil will reportedly send a team to evaluate prospects for a return to Venezuela in the coming weeks.
The company had its assets nationalized by the Hugo Chávez government in the 2000s after refusing to accept reforms that reinforced Venezuelan state sovereignty over the industry. ExxonMobil pursued international arbitration but ultimately received an award significantly below its compensation demands.
Despite the oil sector opening to US and European interests, Venezuelan crude exports receded in February, according to Reuters, following the wind-down of shipments to China. In 2025, around three-quarters of Venezuelan crude was destined for Chinese refineries. Washington imposed a naval blockade in December and seized several tankers as part of its efforts to exert control over Venezuelan oil exports. Two Chinese-flagged ships turned around while headed to Venezuela in January.
Crude exports are expected to pick up in March, with shipments scheduled for Indian buyers.
March 4 (UPI) — Venezuela state oil company Petróleos de Venezuela S.A. announced signing new contracts to supply crude oil and refined products for the U.S. market.
The agreements were signed with several international trading companies to ensure a stable flow of energy to refineries along the U.S. Gulf Coast, according to a statement from the company.
Although PDVSA did not disclose the names of the parties, the contracts add to existing operations involving major companies such as Chevron, which plans to increase exports to about 300,000 barrels per day this month.
PDVSA said the agreements maintain a “historic commercial relationship” with the United States and reaffirm the company’s “commitment to the stability of the international energy market.”.
The newly signed contracts mark the official return of Venezuelan crude to U.S. refineries after the United States captured former President Nicolás Maduro on Jan. 3.
The agreements were facilitated after the U.S. Treasury Department’s Office of Foreign Assets Control issued licenses, signaling significant changes in Washington’s licensing policy this year.
The authorizations allow U.S. entities to participate in lifting, transporting, storing and refining Venezuelan oil. The current regulatory framework favors companies from the United States and Western countries, while maintaining strict restrictions on entities from countries such as China, Russia and Iran.
In addition to Chevron, four other oil companies — BP, Eni, Shell and Repsol — have received authorization to resume operations and sign investment agreements in Venezuela.
In its statement, PDVSA reiterated the Venezuelan government’s call for the removal of sanctions on the country’s energy industry.
“The Venezuelan nation reiterates the need for a hydrocarbon industry free of sanctions in order to boost national production and strengthen international trade,” the company said.
Through these contracts, PDVSA aims to restore its position as a strategic supplier in a global market that continues to demand heavy crude, while Washington seeks to use Venezuelan oil to stabilize domestic fuel prices and reduce dependence on other suppliers.
During his State of the Union address, President Donald Trump highlighted the arrival of 80 million barrels of Venezuelan crude, describing Venezuela as a “new friend and partner” in energy cooperation.
U.S. Interior Secretary Doug Burgum visited Venezuela on Wednesday, marking a new step in the energy and diplomatic agenda between Washington and Caracas.
Since January, Burgum has led discussions with executives from Chevron, ExxonMobil and ConocoPhillips aimed at granting general licenses that would allow private operations in the country, local outlet Efecto Cocuyo reported.
The plan aligns with Trump’s “Energy Dominance” policy, a central strategy of the administration designed to position the United States as a global energy superpower.
Under the approach, U.S. companies would provide private capital without federal subsidies, while the government would guarantee security and stability for investments.
NEW YORK — U.S. and Israeli officials are privately casting doubt on projections from the Trump administration that the war with Iran could end within a matter of weeks — instead warning that a months-long campaign may be required to destroy the country’s ballistic missile capabilities and install a pliant government, multiple sources told The Times.
The prospect of extended combat creates new political risks and uncertainties for President Trump, whose penchant for dramatic, short-term military operations has suddenly given way to a full-scale assault on the Islamic Republic, shocking a MAGA base that for years supported his calls to end forever wars in the Middle East.
One Israeli official told The Times — despite internal guidance among Israeli officials to adhere to the U.S. president’s stated time frame — that the war “definitely could be longer” than the four-week window that Trump repeatedly offered to reporters.
A U.S. official said that in private conversations, top administration officials presume the campaign will require a longer runway now that remnants of Iran’s government have chosen to resist rather than acquiesce to Washington.
Protracted war was always a possibility. Trump was presented with U.S. intelligence assessments gaming out the potential conflict that emphasized how highly unpredictable the results of an attack would be — an analysis the intelligence community believes has borne out on the ground in the chaotic early days of the conflict.
The Israeli leader has succeeded in convincing Trump to take military actions in Iran that American presidents have rejected for decades, from bombing its nuclear facilities to assassinating its leadership, including Ayatollah Ali Khamenei, who was killed in an opening strike over the weekend.
Goal of regime change fades
Yet, mere days into the war, White House officials have all but ceased references to a democratic spring that could sweep Iran’s government aside.
A set of four U.S. goals for the mission no longer calls for changing the regime itself. Still, Netanyahu’s government remains keen on replacing the government, and the nation’s longest-serving premier sees the current war as his best opportunity to do so, one official said.
Speaking with reporters Tuesday, Trump rejected reports that the Israelis had convinced him to launch the attack.
“No, I might have forced their hand,” Trump said. “Based on the way the negotiations were going, I think they were going to attack first, and I didn’t want that to happen. So if anything, I might have forced Israel’s hand, but Israel was ready, and we were ready, and we’ve had a very, very powerful impact because virtually everything they have had been knocked out.”
In a series of interviews this week, Trump said he had been given projections of a four- or five-week war, while noting he is prepared to go longer if necessary.
Michael Rubin, a former Pentagon official who is Iran expert at the American Enterprise Institute, said that projecting a deadline to the conflict at its start would be a strategic mistake for the Trump administration, as it would in effect give Iran’s remaining leadership an end date to wait out the fighting.
“Successive presidents have shown that America has strategic attention deficit disorder,” Rubin said. “If that was the case in Iraq and Afghanistan, it’s especially true under Trump. He imposed a ceasefire on Gaza that let Hamas survive to fight another day; they still haven’t disarmed.”
The duration of the war will depend, in part, on Iran’s ability to resist and defend its remaining capabilities — but also on the president’s willingness to accept an outcome that leaves the Islamic Republic in place.
That decision has not yet been made by Trump, who has vacillated between calls for a democratic uprising across Iran — and U.S. military options to support resistance groups inside the country — as opposed to a shorter campaign that cripples Iran’s political leadership and Islamic Revolutionary Guard Corps.
“I can go long and take over the whole thing, or end it in two or three days and tell the Iranians, ‘See you again in a few years if you start rebuilding,” Trump told Axios.
One of Israel’s primary goals is to effectively eliminate the country’s ballistic missile program, and progress on that score is ahead of schedule, another source familiar with the operation said. “Things are going very well at the moment,” the source added. “Great pace.”
An Israeli military source noted to The Times that the stated goal of the mission is to significantly degrade, but not necessarily destroy, Iran’s ballistic missile capabilities, a goal the source said could be accomplished within Trump’s preferred time frame.
“Israel was quite unhappy Trump ordered the [June 2025] 12-day war ended when it did,” said Patrick Clawson, director of the Iran program at the Washington Institute for Near East Policy. He said he expected the current war would “take time” to comprehensively set back Iran’s ballistic missile capabilities, after a series of Israeli missions in 2024 against the missile program failed to set them back by more than a matter of months.
“Some Israelis think before the recent strikes, Iranian production was fully restored,” Clawson said. “So a really comprehensive attack on Iranian missiles is an important Israeli objective.”
The Maduro model
But no one inside the Islamic Republic system has emerged so far to serve in a supplicant role to Trump in the way that Delcy Rodríguez has stepped in as acting president of Venezuela, after U.S. forces captured that country’s strongman president, Nicolás Maduro, in an audacious overnight raid in January.
Since then, the Stars and Stripes have flown alongside the Venezuelan tricolor at government buildings in Caracas, where senior Trump administration officials have been welcomed to discuss lucrative opportunities in Venezuela’s oil industry.
Trump is now looking for an Iranian counterpart to Rodríguez, he said Tuesday, suggesting he is willing to keep the Islamic Republic in place despite encouraging its citizens to rise up against their government.
“Most of the people we had in mind are dead,” Trump said in the Oval Office. “We had some in mind from that group that is dead. And now we have another group. They may be dead also. Pretty soon we’re not gonna know anybody.”
“I mean, Venezuela was so incredible because we did the attack and we kept the government totally intact,” he added.
Dennis Ross, a veteran diplomat on the Israeli-Palestinian conflict who served in the George H.W. Bush, Clinton and Obama administrations, expressed doubt that Trump would be willing to proceed with a months-long campaign, regardless of Israel’s aspirational objectives.
“I believe President Trump doesn’t define clear objectives so he can decide to end the war at a time of his choosing, and declare the objective at that point, announcing we have achieved what we sought to do,” said Ross, noting that finding a figurehead in Iran as he did in Venezuela was always “a long shot.”
“Unilaterally, he could declare we made the regime pay a price for killing its citizens, and we have weakened Iran to the point that it is not any longer a threat to its neighbors,” Ross added. “He could then say, if Iran continues the war, we will hit them even harder.”