Venezuela

These exiled Venezuelans dream of returning home. What’s stopping them? | Nicolas Maduro News

The ‘test’ of a new country

This longing is shared by Angelica Angel, a 24-year-old student activist in exile.

She had grown up with tear gas and police beatings in Venezuela. After all, she had started protesting at age 15.

“They’ve pointed their guns at me, beaten me and almost arrested me. That’s when you realise that these people have no limits: They target the elderly, women and even young girls,” Angel said.

But the increasing political repression ultimately made her life in Merida, a college town in western Venezuela, untenable.

After 2024’s disputed presidential election, Angel decided to voice her outrage on social media.

Maduro had claimed a third term in office, despite evidence that he had lost in a landslide. The opposition coalition obtained copies of more than 80 percent of the country’s voter tallies, showing that its candidate, Edmundo Gonzalez, had won the race.

Protests again broke out, and again, Maduro’s government responded with force.

Military and security officers detained nearly 2,000 people, including opposition leaders, journalists and human rights lawyers.

When Angel denounced the arbitrary detentions on TikTok, she began receiving daily threats.

By day, anonymous phone calls warned her of her impending arrest. By night, she heard pro-government gangs on motorcycles circling her home.

Fearing detention, she fled to Colombia in August 2024, leaving her family and friends behind.

But living outside Venezuela gave her a new perspective. She came to realise that the threats, persecution and violence she had learned to live with were not normal in a democratic country.

“When you leave, you realise that it isn’t normal to be afraid of the police, of unknown phone calls,” said Angel, her voice trembling. “I’m afraid to go back to my country and to be in that reality again.”

For exiled Venezuelans to return safely, Angel believes certain benchmarks must be met. The interim government must end arbitrary detention and allow opposition members, many of whom fled Venezuela, to return.

Only then, she explained, will Venezuela have moved past Maduro’s legacy.

“Exiles being able to return is a real test of whether a new country is taking shape,” she said.

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US Labor Independence and Solidarity with Venezuela

The Tucson chapter of the National Writers Union (NWU) has called for a change in the AFL-CIO’s international relations. (Archive)

Illegal US military strikes on January 3, 2026, against Venezuela have elicited a flood of resolutions from labor unions. Some of these have focused solely on the US aggression and solidarity with the Venezuelan people. Others have gone further to condemn the kidnapping and arrest of President Nicolás Maduro and his wife, Cilia Flores. In at least one case, a resolution by the Tucson chapter of the National Writers Union has called for systemic changes to how the AFL-CIO, the US’ largest labor confederation, and its Solidarity Center (formerly the American Center for International Labor Solidarity), conducts its international relations. In each case, union members are undertaking important steps towards peace and solidarity as well as opening up possibilities for the emergence of a truly independent US labor movement. 

These resolutions are the latest in a series of cases where labor has broken with US foreign policies, including military strikes and acts of war. Beginning with the AFL-CIO’s 2005 passage of the USLAW Resolution 53: “The War in Iraq”, the federation and both affiliated and unaffiliated unions have gone on to speak out against coups in Honduras and Bolivia, repressive immigration policies, neoliberal trade agreements, and other global wars and threats of war.

In contrast, the Solidarity Center, the AFL-CIO’s primary channel for international activities, has continued to collaborate with US policies of regime change. The AFL-CIO’s Solidarity Center is historically 90 to 96% funded by the US government, and its policies are set in consultation with the White House rather than with representatives from its member unions. The Solidarity Center is one of the core institutes of the National Endowment for Democracy (NED), along with the International Republican Institute (IRI), the Center for International Private Enterprise (US Chamber of Commerce), and the National Democratic Institute (NDI). The NED was created by the US Congress in 1983 in large part to “…do today [what] was done covertly 25 years ago by the CIA.”

The Solidarity Center has played support roles in coups and coup attempts as well as invasions and occupations in Haiti, Venezuela, and Iraq, to name a few examples. In Haiti, the Solidarity Center withheld support for the largest union during the IRI orchestrated coup and instead funded a small labor organization that refused to oppose the coup. In Iraq, the Solidarity Center ignored unions and workers organizations protesting the US occupation in order to support union organizing that would avoid such direct challenges. 

In Venezuela, the Solidarity Center funneled hundreds of thousands of dollars to plotters of the failed coup of 2002. Since then, the Solidarity Center has provided a black box worth millions in funding for activities in Venezuela. However, it has provided no details about how those funds are being used or to whom they are being distributed. 

The recent freeze in funding for the NED and the Solidarity Center by the Trump Administration is being treated as a crisis. It has resulted in lawsuits by both institutions to recover funding. However, orphaned by the White House, there is another way forward for the AFL-CIO and the Solidarity Center. The Tucson NWU resolution calls for the Solidarity Center to open its books on its activities and to wean itself off government funding. The recent experiences of unions declaring their solidarity with both Palestine and Venezuela have shown many the profound need for a new era of labor independence. 

Labor unionists in solidarity with Venezuela should study and learn from experiences regarding Palestine. Labor mobilizations against the genocide in Gaza represented a break not only with international US policies but, specifically, with the leadership of the AFL-CIO which has long supported Zionism and even to this day, acted to stifle solidarity with Palestine. In an article for Left Voice, Jason Koslowski informs us that, 

“By October 18, a little fewer than 2,000 were dead in Gaza. That’s when one of the AFL-CIO’s organs in Washington State — the Thurston-Lewis-Mason Central Labor Council, or TMLCLC — met and passed a resolution demanding a ceasefire. 

The TMLCLC’s resolution ‘opposes in principle any union involvement in the production or transportation of weapons destined for Israel.’ And it challenges the AFL-CIO leadership, too: 

‘[W]hile the TLMCLC agrees with the AFL-CIO’s statement calling for a ‘just and lasting peace,’ we would ask our parent federation to also publicly support an immediate ceasefire and equal rights for Palestinians and Israelis.

The AFL-CIO leadership caught wind of this dissent. That’s when it stepped in. 

A representative of the AFL-CIO leaders contacted the labor council to declare the dissenting statement void. Under pressure, the Washington labor council deleted the statement from its Twitter account.”

Jeff Shurke is the author of the must-read book No Neutrals There: US Labor, Zionism, and the Struggle for Palestine. Shurke, in an article for Jacobin, adds that, 

“…an AFL-CIO senior field representative informed the council’s board members that their resolution was null and void because it did not conform to the national federation’s official policy…. About a week later, AFL-CIO president Liz Shuler sent a memorandum to all local labor councils and state labor federations across the United States telling them that ‘the national AFL-CIO is the only body that can render an official public position or action on national or international issues.’ Without explicitly referencing the unfolding carnage in Gaza, she was all but telling the federation’s local and statewide bodies they were not allowed to stand in solidarity with Palestine.

Still, the AFL-CIO’s individual member unions — which, unlike central labor councils, operate as autonomous affiliates of the federation — were free to take their own positions. Beginning with the American Postal Workers Union and United Auto Workers (UAW), over the following weeks and months several of them formally joined the growing chorus of international voices demanding a ceasefire in Gaza… culminating in the establishment of a new union coalition dubbed the National Labor Network for Ceasefire.

The AFL-CIO itself eventually came out in favor of a “negotiated cease-fire” in early February 2024, after at least twenty-five thousand Palestinians had already been killed. Despite these positive developments, the AFL-CIO and its affiliated unions at the national level still failed to answer the explicit Palestinian call to refrain from building or shipping weapons for Israel.”

In the case of the Tucson NWU’s resolution, rather than going through labor federations, the resolution has been sent to the national NWU for passage and forwarding to the AFL-CIO for consideration in the next convention. Other unions are debating similar resolutions. There also is discussion of bringing resolutions before labor counsels and federations despite the AFL-CIO’s admonishments. 

Right now, three kinds of resolutions have emerged from labor in response to the January 3rd attack on Venezuela. They are all good. 

•  The first kind is to condemn the attacks without further elaboration. That is positive, but by leaving out reference to the kidnapping of President Maduro and Cilia Flores, the resolutions sidestep the issue of regime change itself. 
•  The second kind adds a demand for the release of Maduro and Flores. This is better and implicitly breaks with the AFL-CIO’s and the Solidarity Center’s support for regime change. 
•  The Tucson NWU resolution is an example of the third approach. It takes worker-to-worker solidarity to its logical conclusion, calling for systemic change so that the AFL-CIO will never again support US coups and invasions but, instead, plot an independent course. That is the most meaningful kind of change, one that lasts beyond just the current moment and conflict. 

The opportunity to achieve that kind of change is here. Abandoned by the White House, pressured by its own rank and file, the time has come for the AFL-CIO to choose a new path. What will be its response?

James Patrick Jordan is National Co-Coordinator for the Alliance for Global Justice and is responsible for its Colombia, labor, and ecological solidarity programs.

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

Source: Orinoco Tribune

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What does 303 billion barrels of Venezuelan oil look like? | US-Venezuela Tensions News

Oil becomes more meaningful when you turn it into fuel.

A barrel contains 159 litres of crude oil, or 42 gallons.

To use this oil, it must be refined. The refining process produces various products, including petrol, diesel, jet fuel and numerous household items, such as cleaning products, plastics and even lotions.

Once refined, a barrel typically produces about 73 litres, or 19.35 gallons, of petrol to power cars and trucks.

A pick-up truck that can drive 24 miles on 1 gallon of petrol, or 100km on 10 litres, can travel about 730km, or 450 miles, from one barrel of oil.

Put another way, one barrel of crude oil can fuel that pick-up on a trip from New York City to Cleveland, Ohio.

INTERACTIVE - Venezuela oil - How many Michigan stadiums could hold Venezuelas oil-1770023997
(Al Jazeera)

Now let’s scale that up to US national consumption. According to the US Energy Information Administration, the US has about 285 million motor vehicles and consumes nearly 9 million barrels of petrol every day.

If all of Venezuela’s crude oil were refined into petrol, it could supply US vehicles for roughly 40 years at today’s consumption rate.

INTERACTIVE - Venezuela oil - How long Venezuelas oil could fuel US cars-1770023993
(Al Jazeera)

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Venezuela: Rodríguez Hosts US Chargé d’Affaires Dogu in Presidential Palace

Rodríguez received Dogu in the presidential palace in Caracas. (Presidential Press)

Mérida, February 2, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez met with US Chargé d’Affaires Laura Dogu in Miraflores Presidential Palace on Monday afternoon.

According to Communications Minister Miguel Pérez Pirela, the meeting took place “in the context of the working agenda” between Caracas and Washington. National Assembly President Jorge Rodríguez was likewise present.

Dogu confirmed the high-level audience with Venezuelan leaders via social media, saying that she reiterated Washington’s intended “three-phase plan” for the Caribbean nation.

“Today I met with Delcy Rodríguez and Jorge Rodríguez to reiterate the three phases that Secretary of State Marco Rubio has proposed for Venezuela: stabilization, economic recovery and reconciliation, and transition,” she said.

The US diplomat arrived in Caracas on Saturday, vowing that her team is “ready to work.” US State Department officials had visited the Venezuelan capital previously to assess conditions for the reopening of the US embassy.

Venezuelan Foreign Minister Yván Gil was the first high-ranking official to meet with Dogu, writing that the country’s authorities are looking to work on “issues of bilateral interest” with US counterparts. On Monday, Gil announced that Félix Plasencia will be Venezuela’s diplomatic representative in the US and will travel to Washington in the coming days.

This diplomatic rapprochement follows the January 3 US military strikes that killed dozens, while special operations teams kidnapped President Nicolás Maduro and First Lady and Deputy Cilia Flores.

In the weeks since, the Venezuelan government has emphasized its commitment to reestablish ties with the Trump administration, with Rodríguez pledging that she is not afraid to address “differences” with Washington through diplomatic channels.

For his part, US President Donald Trump told reporters aboard Air Force One that he maintains positive relationships with Venezuelan leaders, including the acting president.

Since the January 3 strikes, the White House has claimed control over Venezuelan crude sales, with proceeds reportedly deposited in US-administered accounts in Qatar before a portion is returned to the South American nation. Last week, the Venezuelan National Assembly approved an oil reform granting expanded benefits for private corporations that drew praise from US officials.

Caracas severed diplomatic ties with Washington in 2019 after the Trump administration recognized the self-proclaimed “interim government” headed by Juan Guaidó as the country’s legitimate authority.

A formal reestablishment of diplomatic relations hinges on the White House formally recognizing the Venezuelan acting government, a move that is also a necessary step before any process of debt renegotiation.

Rodríguez announces Amnesty Law, Helicoide closure

Venezuelan acting authorities have combined the restoration of ties with Washington with a fast-moving domestic legislative agenda.

On Friday, during the Supreme Court’s 2026 opening ceremony, Acting President Rodríguez announced a new “General Amnesty Law,” intended to cover acts of political violence that have occurred in Venezuela from 1999 to the present.

In her speech, Rodríguez explained that the law aims to “heal the wounds” resulting from political confrontation.

“I request the full cooperation of the Venezuelan parliament so that this law may contribute to healing the wounds left by confrontation, violence, and extremism,” she told attendees. “May it serve to redirect justice in our country and restore coexistence among Venezuelans.”

The legislative proposal will reportedly exclude those who have been convicted or are facing charges of homicide, drug trafficking, corruption, and serious human rights violations.

Alongside the new law proposal, Rodríguez announced the closure of the Helicoide detention center in Caracas, with plans to turn it into a recreational center. The facility, run by the SEBIN intelligence agency, has held multiple high-profile opposition figures accused of crimes including treason and terrorism.

Human rights organizations over the years have denounced grave human rights violations against Helicoide prisoners. Dozens of prisoners have been gradually released in recent days. 

Javier Tarazona, director of the NGO Fundaredes, was among those released during the weekend. He had been detained since 2021 on terrorism and treason charges. Luis Istúriz, a leader from the far-right Vente Venezuela party, also exited the Helicoide on Sunday following 18 months behind bars. He had begun a 30-year sentence on charges of terrorism and conspiracy.

Venezuelan Interior Minister Diosdado Cabello affirmed in a Monday press conference that the amnesty law is about promoting “coexistence and peace” and will see authorities review the cases of people who have “undoubtedly committed crimes.”

“Those who benefit from the amnesty will be given an opportunity to return to politics,” he said, adding that the amnesty project was a government initiative that had no influence from “NGOs and foreign governments.”

Edited and with additional reporting by Ricardo Vaz in Caracas.

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Trump and Colombia’s president to meet at White House after months of tension and insults

President Trump is scheduled to host one of his most vocal regional critics, Colombian President Gustavo Petro, at the White House in a high-stakes meeting analysts suggest could redefine the immediate future of bilateral relations.

Petro has called Trump an “accomplice to genocide” in the Gaza Strip, while the U.S. president called him a “drug lord,” an exchange of insults that escalated with U.S. sanctions against Petro, threats of reciprocal tariffs, the withdrawal of financial aid to Colombia and even the suggestion of a military attack.

Tensions eased in early January when Trump accepted a call from Petro, saying it was a “great honor to speak with the president of Colombia,” who called him to “explain the drug situation and other disagreements.”

The two leaders are expected to meet Tuesday to address strategies for curbing drug trafficking and boosting bilateral trade, while potentially discussing joint operations against Colombian rebel groups fueled by the cocaine trade.

“There’s a lot of space here for mutual cooperation and shared success,” said Elizabeth Dickinson, a Colombia expert at the International Crisis Group.

Combating drug trafficking

Decades of security cooperation once made Colombia the primary U.S. ally in the region, but that relationship has recently faced unprecedented strain.

The two countries have opposing views on how to address the problem of illicit drugs. While the U.S. remains anchored in aggressive eradication and supply-side control, Petro advocates for interdiction, demand reduction and providing economic alternatives for small-scale coca farmers.

In 2025, the U.S. signaled its dissatisfaction with Petro’s anti-drug policy by adding Colombia to a list of nations failing to cooperate in the drug war for the first time in three decades.

Since then, Petro has focused on highlighting the record seizures and claiming that his government has managed to halt the growth of coca leaf crops. However, Colombia’s coca crop has reached historic highs, as the government shifts away from eradication. According to United Nations research, potential cocaine production has surged by at least 65% during the Petro administration, to more than 3,000 tons per year.

The Venezuela factor

The sudden detente between Petro and Trump followed a period of extreme volatility.

Tensions peaked after the Jan. 3 U.S. raid in Caracas that captured then-President Nicolás Maduro and his wife, Cilia Flores. Petro denounced the operation as an act of “aggression” and a “kidnapping,” blasting the U.S. for what he called an “abhorrent” violation of Latin American sovereignty and a “spectacle of death” comparable to Nazi Germany’s 1937 carpet bombing of Guernica, Spain.

Despite recently calling for Maduro’s return to face Venezuelan justice, Petro’s tone softened significantly during a subsequent hourlong call with Trump, paving the way for their upcoming summit.

Gimena Sánchez-Garzoli, director for the Andes region at the Washington Office on Latin America, a think tank, believes that Trump accepted Petro’s call partly to quell questions about the operation in Venezuela and the growing concern over warnings issued to countries like Colombia.

She also said she considers it likely that both presidents will agree on actions against drug trafficking and a joint fight against the National Liberation Army guerrilla group, which is most active on the border with Venezuela.

‘A quiet, effective cooperation’

Signaling a thaw in relations just days before the White House summit, the Colombian Foreign Ministry announced on Thursday that repatriation flights for deportees from the U.S. have officially resumed.

Images released by the ministry showed citizens arriving at El Dorado airport — a stark contrast to the diplomatic crisis a year ago. At that time, Petro triggered a near trade war by refusing U.S. military deportation flights over “dignity” concerns, only relenting after Trump threatened 50% tariffs and visa cancellations.

“A good outcome [of the meeting] would be that the relationship is cordial, pragmatic, and that the two countries can get back to what they have been doing for years, which is a quiet, effective cooperation on shared security threats,” Dickinson said.

“The less noise there is around the relationship the better.”

Suárez and Rueda write for the Associated Press.

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Venezuela rights activist Javier Tarazona freed amid prisoner release | Nicolas Maduro News

Tarazona freed after four years in prison on ‘terrorism’ and conspiracy charges.

Venezuelan rights ‍activist Javier Tarazona has been freed ‍in a prisoner release, his family says, more than four years since he was arrested.

“After 1675 days, 4 years and 7 months, this long-awaited day has arrived. My brother Javier Tarazona is free,” Jose Rafael Tarazona posted on X on Sunday. “One person’s freedom is everyone’s hope.”

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Legal rights group Foro Penal said several other prisoners had been released with Tarazona from the Helicoide detention centre in Caracas. The group said it has ​verified more than 300 political prisoners freed since the government announced a series of releases on January 8.

Venezuelan interim President Delcy Rodriguez on Friday unveiled a proposed “amnesty law” covering hundreds of prisoners and said the Helicoide prison – long condemned by rights groups as a site of prisoner abuse – will be transformed into a sports and social services complex.

Translation: Today, #1Feb, after 1675 days, 4 years and 7 months, this long-awaited day has arrived. My brother Javier Tarazona is FREE. THANKS BE TO GOD ALMIGHTY. Thank you to everyone who made this moment possible. One person’s freedom is everyone’s hope. #FreeToLiberate

Tarazona is the director of FundaRedes, which tracks alleged abuses by Colombian armed groups and the Venezuelan military along the countries’ border. He was arrested in July 2021 and accused of “terrorism” and conspiracy.

Government officials – who deny holding political prisoners and say those jailed have committed crimes – have given a much higher figure for the releases, saying there have been more than 600, but have not been clear about the timeline and appear to be including releases from previous years. The government has never provided an official list of how many prisoners will be released or who they are.

Families of prisoners said the releases have progressed too slowly, and Foro Penal said more than 700 political prisoners remain jailed, an updated ​count including prisoners whose fearful families had not previously reported their detentions.

Families and rights advocates have long ‌demanded the charges and convictions against detainees who are considered political prisoners be revoked.

Opposition politicians, journalists and rights activists have long been subject to charges like “terrorism” and treason, which their families have called unjust and arbitrary.

The proposed amnesty law could affect hundreds of detainees who remain behind bars in the ‌South American country as well as former prisoners who have already been conditionally released.

The releases were announced as the top United States envoy for Venezuela arrived in the Venezuelan capital, Caracas, to reopen a US diplomatic mission seven years after ties were severed.

Last month, the US abducted Venezuelan President Nicolas Maduro from the presidential palace in Caracas on the orders of US President Donald Trump.

Maduro was then taken to a prison in New York and is facing drug trafficking and “narcoterrorism” conspiracy charges.

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US envoy arrives in Venezuela to reopen mission after seven years | US-Venezuela Tensions News

Laura Dogu’s visit comes as Venezuela moves to privatise its oil sector under pressure from Trump.

The top United States envoy for Venezuela has arrived in Caracas to reopen a US diplomatic mission seven years after ties were severed.

Laura Dogu announced her arrival in a post on X on Saturday, saying, “My team and I are ready to work.”

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The move comes almost one month after US forces abducted Venezuela’s then-president, Nicolas Maduro, from the presidential palace in Caracas, on the orders of US President Donald Trump.

Maduro was then taken to a prison in New York, and is facing drug trafficking and narcoterrorism conspiracy charges.

The move has been widely criticised as a violation of international law.

Venezuelan Minister of Foreign Affairs Yvan Gil wrote on Telegram that he had received Dogu, and that talks would centre on creating a “roadmap on matters of bilateral interest” as well as “addressing and resolving existing differences through diplomatic dialogue and on the basis of mutual respect and international law”.

Dogu, who previously served as US ambassador to Honduras and Nicaragua, was appointed to the role of charge d’affaires to the Venezuela Affairs Unit, based out of the US Embassy in Bogota, Colombia.

Venezuela and the US broke off diplomatic relations in February 2019, in a decision by Maduro after Trump gave public support to Venezuelan lawmaker Juan Guaido, who claimed to be the nation’s interim president in January that year.

Minister of the Popular Power for Interior Diosdado Cabello, one of Venezuela’s most powerful politicians and a Maduro loyalist, said earlier in January that reopening the US embassy in Caracas would give the Venezuelan government a way to oversee the treatment of the deposed president.

Although the Trump administration has claimed that Maduro’s abduction was necessary for security reasons, officials have also repeatedly framed their interests in Venezuela around controlling its vast oil reserves, which are the largest in the world.

Since the abduction, Trump has pressured Interim President Delcy Rodriguez to open the country’s nationalised oil sector to US firms.

The two countries have reached ‌a deal to export up ⁠to $2bn worth of Venezuelan crude to the US, and on Thursday, Rodriguez signed into law a reform bill that will pave the way for increased privatisation.

The legislation gives private firms control over the sale and production of Venezuelan oil, and requires legal disputes to be resolved outside of Venezuelan courts, a change long sought by foreign companies, which argue that the judicial system in the country is dominated by the governing socialist party.

The bill would also cap royalties collected by the government at 30 percent.

The Trump administration said on the same day that it would loosen some sanctions on Venezuela’s oil sector, and allow limited transactions by the country’s government and the state oil company PDVSA that were necessary for a laundry list of export-related activities involving an “established US entity”.

Trump has announced that he ordered the reopening of Venezuela’s commercial airspace and “informed” Rodriguez that US oil companies would soon arrive to explore potential projects in the country.

On Friday, Rodriguez announced an amnesty bill aimed at releasing hundreds of prisoners in the country, and said she would shut down El Helicoide, an infamous secret service prison in Caracas, to be replaced with a sports and cultural centre.

That move was one of the key demands of the Venezuelan opposition.

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How much control will the US have over Venezuela’s oil? | TV Shows

Caracas says it is opening up the sector to private players.

It all started with a direct US attack on Venezuela earlier this month.

Back then, US President Donald Trump made it clear that he was only interested in the country’s substantial oil reserves.

On Thursday, the government in Caracas announced a massive overhaul of the petroleum sector.

Venezuela’s interim president has signed a law easing state control and opening the door for private firms to invest in the country.

For many, it paves the way for US oil giants to return to Venezuela with significant investments.

But who will stand to gain from the changes, Venezuela or the United States? Or both?

Presenter: Adrian Finighan

Guests

Elias Ferrer – founder and director of Orinoco Research

Andrew Lipow – president of Lipow Oil Associates

Phil Gunson – senior analyst at the International Crisis Group

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Peter Kornbluh: Is Trump pushing a new imperialism in Latin America? | Nicolas Maduro

Peter Kornbluh speaks to Marc Lamont Hill on Trump’s abduction of Venezuela’s president and the fallout for Latin America.

Following United States forces’ abduction of Venezuelan President Nicolas Maduro, a new set of questions is emerging as to how far Donald Trump is prepared to go in pushing US power abroad through direct intervention.

But is this a real break with past policy – or the latest iteration of the US’s longstanding interventionist power play in Latin America?

And with Cuba back in the administration’s sights, will Trump push for further action in the region?

This week on UpFront, Marc Lamont Hill speaks with Senior Analyst at the National Security Archive, Peter Kornbluh.

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Dear Viceroy: Venezuela Will Never Show You the Money

The Trump administration has provided around $300 million to the Rodriguez government after seizing tankers and selling oil stockpiled in the country. The funds are being managed through accounts in Qatar and will be subject to audits by US agencies, Rubio told the Senate on Wednesday.

The idea that the US can somehow remote-control its way into a coherent audit of Venezuelan public spending defies imagination. Venezuela has never been an easy place to follow money. Road construction in Venezuela was for much of the 20th century a famous form of campaign finance that bankrolled politicians through well-greased kickback systems. Even in the country’s more prosperous days, public hospitals were notorious rat’s nests of corruption that allowed suppliers of everything from aspirin to X-ray machines to mark up prices for illicit gain and political financing.

Chavismo put this on steroids. Because there has been no alternation of power since Chávez’s 1998 election, no one in a position to audit government books has ever had an incentive to. The government comptroller’s office, once an institutional check on the ruling party, has for decades been used primarily to disqualify opposition politicians from holding office on the basis of fabricated accounting discrepancies.

The Chávez era saw the wholesale unraveling of basic parliamentary oversight of spending. State oil company PDVSA went from being an internationally respected company to a piggy bank used for everything from food imports to housing development. Multibillion-dollar slush funds with no rules about spending and no reporting requirements to the general public came to manage more than parliament. Bilateral financing agreements with China, Russia, and Iran led to secretive and inscrutable financing arrangements that made the country’s borrowing a black box.

Rampant corruption and damaged financial accountability do not mean that outsiders cannot be involved there. When the war in Ukraine broke out, international agencies famously relaxed what had been stringent standards around Ukrainian corruption. Aid agencies and nonprofits working in Haiti have had to quietly make concessions to the realities of operating there. As did the organizations that worked to reduce hunger in Venezuela during the crisis years. Expecting to maintain Swiss-level accounting standards in these types of environments is a recipe for making sure nothing gets done.

Which is a bit of what Rubio is promising by putting the US Export-Import Bank in charge of following every last dollar that Venezuela receives from US-brokered oil sales. Nobody was able to fully follow the money in Venezuela even when they were trying. After almost 30 years of systematically undermining public transparency, a remote-controlled, third-party audit conducted by foreigners from thousands of miles away doesn’t stand a ghost of a chance.

The inevitable conclusion is that the United States will simply have to start turning a blind eye to what actually happens with the money. With clear marching orders to get the economy up and running and oil production moving as fast as possible, there simply won’t be time to stand on accounting formalities. Ask too many questions and the progress will start to slow down. It seems like an unexpected consequence of a transition under tutelage: the Trump administration will quietly become part of the chavista machine.

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Venezuela’s acting President Delcy Rodriguez announces prisoner amnesty | Prison News

Rodriguez calls for healing ‘wounds left by political confrontation’ while announcing notorious El Helicoide prison to shut down.

Venezuela’s interim President Delcy Rodriguez has announced an amnesty bill that could lead to the release of hundreds of prisoners, her latest major reform since the US military abducted the country’s President Nicolas Maduro and his wife earlier this month.

“We have decided to push ahead with a general amnesty law that covers the whole period of political violence from 1999 to the present day,” Rodriguez said on Friday.

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Speaking at a gathering of justices, magistrates, ministers, military officials and other government leaders, the acting president said the National Assembly would take up the amnesty bill with urgency.

“May this law serve to heal the wounds left by the political confrontation fuelled by violence and extremism,” Rodriguez said in the prerecorded televised event.

“May it serve to redirect justice in our country, and may it serve to redirect coexistence among Venezuelans,” she said.

Rodriguez also announced the shutdown of El Helicoide, a notorious secret service prison in Caracas, where torture and other human rights abuses have been documented by independent organisations.

El Helicoide, she said, will be transformed into a sports, social and cultural centre for the surrounding neighbourhoods.

Rodriguez made her announcement before officials whom former prisoners and human rights watchdogs have accused of overseeing El Helicoide and other detention facilities.

The Venezuelan-based prisoners’ rights group Foro Penal estimates that 711 people are in detention in facilities across Venezuela over their political activities. Of those, 183 have been sentenced, the group said.

Foro Penal President Alfredo Romero welcomed the planned amnesty but said it must apply to all prisoners “without discrimination”.

“A general amnesty is welcome as long as its elements and conditions include all of civil society, without discrimination, that it does not become a cloak of impunity, and that it contributes to dismantling the repressive apparatus of political persecution,” Romero wrote in a post on social media.

Foro Penal has calculated that some 302 prisoners have been released by Rodriguez’s government in the aftermath of the abduction of Maduro by the US.

The organisation later released a video clip on social media of what is said showed the moment that human rights worker Eduardo Torres was released from prison on Friday night, following his detention since May 2025.

Translation: Our colleague from @proveaong Eduardo Torres has been released from prison, human rights defender, former political prisoner.

Families and rights advocates have long demanded that charges and convictions against detainees who are considered political prisoners be dropped.

Government officials – who ⁠deny holding political prisoners and say those jailed have committed crimes – report that more than 600 people have been released from prison, but they have not been clear on the timeline and appear to be including prisoners released in previous years.

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Venezuela Approves Pro-Business Oil Reform as Trump Issues New Sanctions Waiver

Venezuelan leaders vowed that the law will lead to a significant growth of the oil industry. (Asamblea Nacional)

Caracas, January 30, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly has approved a sweeping reform of the country’s 2001 Hydrocarbon Law that rolls back the state’s role in the energy sector in favor of private capital.

Legislators unanimously endorsed the bill at its second discussion on Thursday, with only opposition deputy Henrique Capriles abstaining. The legislative overhaul follows years of US sanctions against the Venezuelan oil industry and a naval blockade imposed in December.

National Assembly President Jorge Rodríguez hailed the vote a “historic day” and claimed the new bill will lead oil production to “skyrocket.” 

“The reform will make the oil sector much more competitive for national and foreign corporations to extract crude,” he told reporters. “We are implementing mechanisms that have proven very successful.”

Venezuelan Acting President Delcy Rodríguez signed and enacted the law after the parliamentary session, claiming that the industry will be guided by “the best international practices” and undertake a “historic leap forward.”

Former President Hugo Chávez revamped the country’s oil legislation in 2001 and introduced further reforms in 2006 and 2007 to assert the Venezuelan state’s primacy over the industry. Policies included a mandatory stakeholding majority for state oil company PDVSA in joint ventures, PDVSA control over operations and sales, and increased royalties and income tax to 30 and 50 percent, respectively. Increased oil revenues bankrolled the Venezuelan government’s expanded social programs in the 2000s.

The text approved during Thursday’s legislative session, following meetings between Venezuelan authorities and oil executives, went further than the draft preliminarily endorsed one week earlier.

The final version of the legislation establishes 30 percent as an upper bound for royalties, with the Venezuelan government given the discretionary power to determine the rate for each project. A 33 percent extraction tax in the present law was scrapped in favor of an “integrated hydrocarbon tax” to be set by the executive with a 15 percent limit.

Similarly, the Venezuelan government can reduce income taxes for companies involved in oil activities while also granting several other fiscal exemptions. The bill cites the “need to ensure international competitiveness” as a factor to be considered when decreasing royalty and tax demands for private corporations.

The reform additionally grants operational and sales control to minority partners and private contractors. PDVSA can furthermore lease out oilfields and projects in exchange for a fixed portion of extracted crude. The new legislation likewise allows disputes to be settled by outside arbitration instances.

Thursday’s legislative reform was immediately followed by a US Treasury general license allowing US corporations to re-engage with the Venezuelan oil sector.

General License 46 (GL46) authorizes US firms to purchase and market Venezuelan crude while demanding that contracts be subjected to US jurisdiction so potential disputes are referred to US courts. The license bars transactions with companies from Russia, Iran, North Korea, or Cuba. Concerning China, it only blocks dealings with Venezuelan joint ventures with Chinese involvement.

Economist Francisco Rodríguez pointed out that the sanctions waiver does not explicitly allow for production or investment and that companies would require an additional license before signing contracts with Venezuelan authorities.

GL46 also mandates that payments to blocked agents, including PDVSA, be made to the US Foreign Government Deposit Funds or another account defined by the US Treasury Department.

Following the January 3 military strikes and kidnapping of Venezuelan President Nicolás Maduro, the Trump administration has vowed to take control of the Venezuelan oil industry by administering crude transactions. Proceeds from initial sales have been deposited in US-run bank accounts in Qatar, with a portion rerouted to Caracas for forex injections run by private banks. US Secretary of State Marco Rubio vowed that the resources will begin to be channeled to US Treasury accounts in the near future.

In a press conference on Friday, Trump said his administration is “very happy” with the actions of Venezuelan authorities and would soon invite other countries to get involved in the Caribbean nation’s oil industry. Rubio had previously argued that Caracas “deserved credit” for the oil reform that “eradicates Chávez-era restrictions on private investments.”

Despite the White House’s calls for substantial investment, Western oil corporations have expressed reservations over major projects in the Venezuelan energy sector. Chevron, the largest US company operating in the country, stated that it is looking to fund increased production with revenues from oil sales as opposed to new capital commitments.

Since 2017, Venezuela’s oil industry has been under wide-reaching US unilateral coercive measures, including financial sanctions and an export embargo, in an effort to strangle the country’s most important revenue source. The US Treasury Department has also levied and threatened secondary sanctions against third-country companies to deter involvement in the Venezuelan petroleum sector.

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What’s next for Venezuela? | Politics

We explore what’s in store for Venezuela after the capture of President Maduro by US personnel in Caracas.

Venezuelans are bracing for an uncertain future after the United States military abduction of President Nicolas Maduro. Reactions across the country have been sharply divided. Some are celebrating what they see as the end of an era while others have expressed fear and anger, accusing the US of trying to impose a government subordinate to Washington to secure access to Venezuela’s oil reserves, the largest in the world.

Presenter: Stefanie Dekker

Guests:
Luis Ernesto Patino – activist and political commentator

Adelys Ferro – executive director, Venezuelan American Caucus

Marc Owen Jones – professor of media analytics, Northwestern University

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Appeals court rules DHS Secretary Kristi Noem unlawfully ended TPS for Venezuela, Haiti

Jan. 29 (UPI) — An appeals court ruled that Homeland Security Secretary Kristi Noem unlawfully ended immigration protections for Haiti and Venezuela.

The three judges of the 9th U.S. Circuit Court of Appeals ruled against Noem, who ended the Temporary Protected Status for Venezuelans on Jan. 29, 2025. She ended TPS protection for Haitians on June 28.

The opinion, written late Wednesday by Judge Kim McLane Wardlaw, said Noem’s “unlawful actions have had real and significant consequences for the hundreds of thousands of Venezuelans and Haitians in the United States who rely on TPS.”

She said the move has hurt immigrants who came here to work.

“The record is replete with examples of hard-working, contributing members of society — who are mothers, fathers, wives, husbands, and partners of U.S. citizens, pay taxes, and have no criminal records — who have been deported or detained after losing their TPS,” Wardlaw wrote.

“The Secretary’s actions have left hundreds of thousands of people in a constant state of fear that they will be deported, detained, separated from their families, and returned to a country in which they were subjected to violence or any other number of harms,” she said.

The concurring opinion by Judge Salvador Mendoza Jr. noted that Noem and President Donald Trump had made racist remarks about the people of Venezuela and Haiti, meaning that the decision to end TPS was “preordained” and not based on need.

“The record is replete with public statements by Secretary Noem and President Donald Trump that evince a hostility toward, and desire to rid the country of, TPS holders who are Venezuelan and Haitian,” Mendoza wrote. “And these were not generalized statements about immigration policy toward Venezuela and Haiti or national security concerns to which the Executive is owed deference. Instead, these statements were overtly founded on racist stereotyping based on country of origin.”

The concurring opinion cites Noem calling Venezuelans “dirtbags” and “criminals,” and Trump saying that immigrants are “poisoning the blood” of Americans.

The ruling, though, won’t change the TPS removal for Venezuelans. The Supreme Court ruled in another case in October to allow Noem to end the TPS while the court battles continue.

TPS began as part of the Immigration Act of 1990. It allows the Department of Homeland Security secretary to grant legal status to those fleeing fighting, environmental disaster or “extraordinary and temporary conditions” that prevent a safe return. TPS can last six, 12 or 18 months, and if conditions stay dangerous, they can be extended. It allows TPS holders to work, but there is no path to citizenship.

Haiti was given TPS in 2010 after a magnitude 7 earthquake that killed about 160,000 people. It left more than 1 million without homes.

President Donald Trump walks on the South Lawn of the White House after arriving on Marine One on Tuesday. Trump threw his support behind a legislative proposal that would expand sales of higher-ethanol E15 gasoline as he looked to build support for his economic record with a rally in Iowa. Photo by Kent Nishimura/UPI | License Photo

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Venezuela’s Rodriguez signs oil reform law while the US eases sanctions | US-Venezuela Tensions News

Venezuela’s interim President Delcy Rodriguez has signed into law a reform bill that will pave the way for increased privatisation in the South American country’s nationalised oil sector, fulfilling a key demand from her United States counterpart, Donald Trump.

On Thursday, Rodriguez held a signing ceremony with a group of state oil workers. She hailed the reform as a positive step for Venezuela’s economy.

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“We’re talking about the future. We are talking about the country that we are going to give to our children,” Rodriguez said.

The ceremony came within hours of the National Assembly – dominated by members of Rodriguez’s United Socialist Party – passing the reform.

“Only good things will come after the suffering,” said Jorge Rodriguez, the assembly’s head and brother of the interim president.

Since the US military’s abduction of Venezuela’s former leader Nicolas Maduro and his wife Cilia Flores on January 3, the Trump administration has sought to pressure President Rodriguez to open the country’s oil sector to outside investment.

Trump has even warned that Rodriguez could “pay a very big price, probably bigger than Maduro”, should she fail to comply with his demands.

Thursday’s legislation will give private firms control over the sale and production of Venezuelan oil.

It would also require legal disputes to be resolved outside of Venezuelan courts, a change long sought by foreign companies, who argue that the judicial system in the country is dominated by the ruling socialist party.

The bill would also cap royalties collected by the government at 30 percent.

While Rodriguez signed the reform law, the Trump administration simultaneously announced it would loosen some sanctions restricting the sale of Venezuelan oil.

The Department of the Treasury said it would allow limited transactions by the country’s government and the state oil company PDVSA that were “necessary to the lifting, exportation, reexportation, sale, resale, supply, storage, marketing, purchase, delivery, or transportation of Venezuelan-origin oil, including the refining of such oil, by an established US entity”.

Previously, all of Venezuela’s oil sector was subject to sweeping US sanctions imposed in 2019, under Trump’s first term as president.

Thursday’s suite of changes is designed to make Venezuela’s oil market more appealing to outside petroleum firms, many of whom remain wary of investing in the country.

Under Maduro, Venezuela experienced waves of political repression and economic instability, and much of his government remains intact, though Maduro himself is currently awaiting trial in a New York prison.

His abduction resulted in dozens of deaths, and critics have accused the US of violating Venezuelan sovereignty.

Venezuela nationalised its oil sector in the 1970s, and in 2007, Maduro’s predecessor, Hugo Chavez, pushed the government to increase its control and expropriate foreign-held assets.

Following Maduro’s abduction, Trump administration officials have said that the US will decide to whom and under what conditions Venezuelan oil is sold, with proceeds deposited into a US-controlled bank account.

Concerns about the legality of such measures or the sovereignty of Venezuela have been waved aside by Trump and his allies, who previously asserted that Venezuelan oil should “belong” to the US.

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Venezuela: Creditors Hunger for 170B Debt Renegotiation

Venezuela is looking to access $4.9 billion in IMF-issued special drawing rights. (Xinhua)

Caracas, January 28, 2026 (venezuelanalysis.com) – International creditors have shown growing optimism to collect on defaulted Venezuelan debt in the wake of the January 3 US military strikes and kidnapping of President Nicolás Maduro.

According to Bloomberg, the volume of Venezuelan bonds traded increased tenfold since the start of the year. Securities have rallied to around 40 cents on the dollar, having hit lows of 1.5 cents on the dollar in the past.

A combination of defaulted bonds, unpaid loans and arbitration awards is estimated to total up to US $170 billion after years of accruing interest. The Maduro government began defaulting on debt service in 2017 as US sanctions crippled the Caribbean nation’s economy and ultimately blocked financial transactions altogether.

The Venezuelan Creditor Committee (VCC) expressed “readiness” to discuss a debt restructuring deal when authorized. The group brings together creditors including GMO, Greylock Capital, Mangart Capital, and Morgan Stanley, which hold over $10 billion in sovereign and state oil company PDVSA bonds.

Elias Ferrer Breda, financial analyst and director of Orinoco Research, told Venezuelanalysis that the “enthusiasm” means creditors feel a debt restructuring deal is “closer,” but warned that any agreement will hinge on US recognition of the Venezuelan government.

“The recognition, along with the lifting of primary sanctions, is the final obstacle,” he said. “There have been steps to reopen the US embassy in Caracas and a Venezuelan delegation headed by Félix Plasencia also visited DC.”

The first Trump administration recognized the self-proclaimed “interim government” led by Juan Guaidó as Venezuela’s legitimate authority in 2019, prompting Caracas to break diplomatic relations. After the parallel Guaidó administration dissolved in 2022, Washington transferred the recognition to the opposition-majority National Assembly whose term expired in 2021.

The small group of US-backed politicians retains control over Venezuelan-owned assets in the US. For its part, the Venezuelan government headed by Acting President Delcy Rodríguez has advocated a renewed diplomatic engagement with Washington. The two administrations have taken steps to reopen the respective embassies.

Ferrer, who also directs the Guacamaya media outlet, suggested that the State Department has no immediate plans to change its formal recognition of the defunct parliament. 

“However, there is a de facto recognition of the Rodríguez acting government being built,” he went on to add. “This will become de jure sooner or later; it could be a few months or even a couple of years.”

Venezuela’s inability to sustain debt service, including settlements with creditors, as a result of sanctions, saw many corporations pursue legal avenues to collect. Crystallex, ConocoPhillips and several other companies are set to benefit from the proceeds of the forced judicial auction of Venezuela’s US-based refiner CITGO.

Washington’s formal recognition of the Rodríguez acting administration could also pave the way for Venezuela to access about $4.9 billion in “special drawing rights” issued by the International Monetary Fund (IMF). The IMF created the liquidity instruments in 2021 to help governments deal with the Covid-19 pandemic but blocked Venezuela from accessing its share as it followed Trump’s lead in not recognizing the Nicolás Maduro government.

According to reports, US Treasury Secretary Scott Bessent recently held meetings with the heads of the IMF and the World Bank to discuss a possible re-engagement with the South American country.

For their part, Venezuelan authorities have expressed a willingness to engage with creditors in the past, but US sanctions preempted any meaningful engagement.

Caracas’ debt also includes long-term oil-for-loan agreements with China. However, with Washington’s naval blockade recently blocking China-bound crude shipments, Beijing has reportedly sought assurances of the repayment of debts estimated at $10-20 billion.

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Trump says he’s instructed U.S. officials to reopen Venezuelan airspace for commercial travel

President Donald Trump said Thursday he has informed acting Venezuelan President Delcy Rodríguez that he’s going to be opening up all commercial airspace over Venezuela and Americans will soon be able to visit.

Trump said he instructed U.S. Transportation Secretary Sean Duffy and U.S. military leaders to open up the airspace by the end of the day.

“American citizens will be very shortly able to go to Venezuela, and they’ll be safe there,” the Republican president said.

Venezuela’s government did not immediately comment on Trump’s announcement.

Earlier this week, Trump’s administration notified Congress that it was taking the first steps to possibly reopen the shuttered U.S. Embassy in Venezuela as it explores restoring relations with the South American country following the U.S. military raid that ousted then-President Nicolás Maduro.

In a notice to lawmakers dated Monday and obtained by The Associated Press on Tuesday, the State Department said it was sending in a regular and growing contingent of temporary staffers to conduct “select” diplomatic functions.

“We are writing to notify the committee of the Department of State’s intent to implement a phased approach to potentially resume Embassy Caracas operations,” the department said in separate but identical letters to 10 House and Senate committees.

Diplomatic relations between the two countries collapsed in 2019, and the U.S. State Department warned Americans shouldn’t travel to Venezuela, raising its travel advisory to the highest level.

The State Department on Thursday still listed a travel advisory for Venezuela at its highest level, “Do not travel,” warning that Americans face a high risk of wrongful detention, torture, kidnapping and more.

The State Department did not immediately respond to a message Thursday inquiring about whether it was changing its warning.

In November, as Trump was ramping up pressure on Maduro, he declared that the airspace “above and surrounding” Venezuela should be considered as “closed in its entirety.”

The U.S. Federal Aviation Administration, which has jurisdiction generally over the U.S. and its territories, then told pilots to be cautious flying around the country because of heightened military activity.

After that FAA warning, international airlines began canceling flights to Venezuela because of heightened military activity.

American Airlines, which was the last U.S. airline flying to Venezuela when it suspended flights there in March 2019, announced Thursday that it intends to reinstate nonstop service there from the U.S. in the coming months.

“We have a more than 30-year history connecting Venezolanos to the U.S., and we are ready to renew that incredible relationship,” Nat Pieper, American’s chief commercial officer, said in a statement. “By restarting service to Venezuela, American will offer customers the opportunity to reunite with families and create new business and commerce with the United States.”

American said it would share additional details about the return to service in the coming months as it works with federal authorities on security assessments and necessary permissions.

Price writes for the Associated Press. AP reporters Matthew Lee in Washington and Regina Garcia Cano in Caracas, Venezuela, contributed to this report.

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Rubio Defends US Military Operation, Praises Venezuela Oil Reform

Rubio insisted that Caracas needs to have its expenses approved by Washington. (Bill Clark/CQ Roll Call)

Caracas, January 29, 2026 (venezuelanalysis.com) – US Secretary of State Marco Rubio defended the Trump administration’s January 3 attack on Venezuela and kidnapping of President Nicolás Maduro during a Senate hearing on Wednesday.

“[Having Maduro in power] was an enormous strategic risk for the United States,“ Rubio said in his testimony to the Senate Committee on Foreign Relations. “It was an untenable situation, and it had to be addressed.”

The Trump official claimed that the military operation aimed to “aid law enforcement” and did not constitute an act of war. He likewise emphasized the White House’s concern about Venezuela allegedly being a “base of operations” for US geopolitical rivals Iran, Russia, and China.

Rubio faced criticism from multiple senators, with Rand Paul arguing that the White House would consider a similar attack directed against the US as an act of war. Despite widespread criticism from Democrats and a handful of Republicans, efforts to pass War Powers resolutions have been narrowly defeated in both the Senate and the House of Representatives.

Maduro and First Lady Cilia Flores pleaded not guilty to charges including drug trafficking conspiracy in a New York federal court on January 5. US officials have never presented evidence tying high-ranking Venezuelan leaders to narcotics activities, and specialized agencies have consistently found the Caribbean nation to play a marginal role in global drug trafficking.

The Venezuelan government, led by Acting President Delcy Rodríguez, has repeatedly denounced the US attack and demanded the release of Maduro and Flores. At the same time, Rodríguez and other officials have advocated for renewed diplomatic engagement to settle “differences” with Washington.

The January 3 strikes, which killed 100 people, have drawn widespread condemnation in Latin America and beyond. A recent Progressive International summit in Colombia called for a joint regional response against US aggression.

During Wednesday’s hearing, Rubio reiterated the US government’s plans to control the Venezuelan oil sector and impose conditions on the acting Rodríguez administration. He added that the White House is seeking stability in the South American country ahead of a “democratic transition.”

Rubio additionally confirmed that Washington is administering Venezuelan oil sales, with proceeds deposited in US-controlled bank accounts in Qatar before a portion is rerouted to Caracas. He added that at some point the funds will run through Treasury Department accounts in the United States.

Democratic senators questioned the legality and transparency of the present arrangement. The Secretary of State further claimed that Caracas would need to submit a “budget request” before accessing its funds.

The initial deal reportedly comprised some 50 million barrels of oil, worth around $2 billion, that had accumulated due to a US naval blockade of Venezuelan exports. After a reported $300 million were turned over to Venezuelan private banks last week, the Venezuelan Central Bank announced that a further $200 million will be made available in early February.

Venezuelan banks are offering the foreign currency in auction to customers, with officials vowing  priority for imports in the food and healthcare sectors. 

According to Reuters, the US Treasury Department is preparing a general license to allow select corporations to engage in oil dealings with Caracas. Since 2017, the Venezuelan oil industry has been under wide-reaching unilateral coercive measures, including financial sanctions, an export embargo, and secondary sanctions.

In his address, Rubio went on to state that Venezuelan authorities “deserve credit for eradicating Chávez-era restrictions on private investment” in the oil industry, in reference to a recent overhaul of the country’s 2001 Hydrocarbons preliminarily approved last week. He added that a portion of oil revenues will be used for imports from US manufacturers.

On Tuesday, Acting President Rodríguez announced during a televised broadcast that Venezuela was importing medical equipment from the US using “unblocked funds.” 

The Venezuelan leader emphasized the importance of relations based on mutual respect with the US and rejected claims that her government is subject to dictates from foreign actors. She affirmed that there are open “communication channels” with the Trump administration and collaboration with Rubio on a “working agenda.”

The acting authorities in Caracas have sought to promote a significant rebound of crude production by offering expanded benefits to private investors as part of the reform bill. Expected to be finally approved in the coming weeks, the new law abrogates provisions introduced under former President Hugo Chávez to ensure majority state control over the oil sector in favor of flexible arrangements granting substantial autonomy to corporate partners.

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Is the global economic order unravelling? | Business and Economy

As the United States pushes its ‘America First’ agenda, its partners are edging towards China and new alliances are being formed.

It was built on democracy, open markets and cooperation – with America at the helm.

But the rules-based global order created after World War II is now under strain. Conflicts are rising. International rules are being tested. Trade tensions are escalating. And alliances are shifting.

At the centre of it all is US President Donald Trump.

In just a few short weeks, he’s captured Venezuela’s president, vowed to take control of Greenland, and threatened to slap tariffs on those who oppose him.

Meanwhile, China is presenting itself as a stable partner.

Many warn that the global order is starting to break apart.

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Rubio stands by Venezuela attack, says Trump retains authority to use force

Secretary of State Marco Rubio left the door open Wednesday to future U.S. military action in Venezuela, telling lawmakers that while the Trump administration does not anticipate further escalation, the president retains the authority to use force if Venezuela’s interim leadership or other American adversaries defy U.S. demands.

Rubio’s remarks came hours after President Trump deployed what he called a “massive armada” to pressure Iran back to the negotiating table over its nuclear weapons program, amid broader questions about how recent U.S. tensions with Denmark over Greenland are affecting American relations with NATO allies.

“The president never rules out his options as commander in chief to protect the national interest of the United States,” Rubio told the Senate Foreign Relations Committee. “I can tell you right now with full certainty, we are not postured to, nor do we intend or expect to take any military action in Venezuela at any time.”

The appearance marked Rubio’s first public testimony before a congressional panel since U.S. forces seized former Venezuelan President Nicolás Maduro and brought him to New York to face narco-trafficking charges nearly a month ago. Rubio was pressed by Democratic lawmakers over congressional war powers and whether the operation had meaningfully advanced democracy in Venezuela.

“We’ve traded one dictator for another. All the same people are running the country,” said Sen. Jeanne Shaheen (D-N.H.). Acting President Delcy Rodríguez “has taken no steps to diminish Iran, China or Russia’s considerable influence in Venezuela.”

Rodríguez, who formerly served as Maduro’s vice president, has committed to opening Venezuela’s energy sector to American companies, providing preferential access to production and using revenues to purchase American goods, according to Rubio’s testimony.

But questions remain about Rodríguez’s own alleged ties to trafficking networks. The Associated Press reported that she has been on the DEA’s radar for years for suspected involvement in drug and gold smuggling, though no public criminal charges have been filed.

And despite Trump’s warning that Rodríguez would “pay a very big price” if she does not cooperate, she has pushed back in public against U.S. pressure over trade policy.

“We have the right to have diplomatic relations with China, with Russia, with Iran, with Cuba, with all the peoples of the world. Also with the United States. We are a sovereign nation,” Rodríguez said earlier this month.

Venezuela is among the largest recipients of Chinese loans globally, with more than $100 billion committed over recent decades. Much of that debt has been repaid through discounted oil shipments under an oil-for-loans framework, financing Chinese-backed infrastructure projects and helping stabilize successive Venezuelan governments.

U.S. military leaders have warned Congress about Iran’s growing strategic presence in the hemisphere, including concerns over ballistic missile capabilities and the supply of attack and surveillance drones to Venezuela.

“If an Iranian drone factory pops up and threatens our forces in the region,” Rubio said, “the president retains the option to eliminate that.”

Democrats also argued that the administration’s broader foreign policy is undercutting U.S. economic strength and alliances, particularly in competition with China.

Despite Trump’s tariff campaign, China posted a record global trade surplus in 2025, lawmakers noted, while estimates show U.S. manufacturing employment has declined by tens of thousands of jobs since the tariffs took effect.

Senators pushed back on the State Department’s assertion that U.S. policy has unified allies against China, arguing instead that tariffs and recent military escalations involving Greenland, Iran and Venezuela have strained relations with key partners. They pointed to Canada as an example, noting that Ottawa recently reached a trade deal with China amid concerns about the reliability of the United States as a partner.

Sen. Rand Paul (R-Ky.), a Republican dissenter on Venezuela, rejected the Trump administration’s framing of Maduro’s capture as a law enforcement operation rather than an act of war.

He pressed Rubio on congressional authorization.

“If we said that a foreign country invaded our capital, bombed all our air defense — which would be an extensive bombing campaign, and it was — removed our president, and then blockaded the country, we would think it was an act of war,” Paul said as he left the hearing.

Congressional Republicans voted to dismiss a war powers resolution earlier this month that would have limited Trump’s ability to conduct further attacks on Venezuela after two GOP senators reversed course on supporting the legislation.

They did so based on informal assurances from the administration that it would consult members of Congress before taking military action.

“I was a big fan of [congressional] consultation when I was sitting over there,” Rubio said, joking about his tenure as a senator on the committee. “Now, you know, it’s a different job, different time.”

The War Powers Act dictates how the executive must manage military operations, including that the administration must notify Congress within 48 hours of a military operation.

“And if it’s going to last longer than 60 days, we have to come to Congress with it. We don’t anticipate either of these things having to happen,” Rubio said.

He added that the administration’s end goal is “a friendly, stable, prosperous Venezuela,” and cautioned that free and fair elections would take time as the administration works with Rodríguez to stabilize the country.

“You can have elections all day, but if the opposition has no access to the media … those aren’t free and fair elections,” Rubio said. “There’s a percentage of the Venezuelan population … that may not have liked Maduro, but are still committed to Chavista ideology. They’ll be represented in that platform as well.”

Rubio fell short of providing concrete timelines, prompting skepticism from lawmakers who cited ongoing reports that political prisoners remain jailed and that opposition figures such as Edmundo González Urrutia and María Corina Machado would still be blocked from seeking office. He will meet with Machado this week to discuss her role in the ongoing regime change.

“I’ve known Maria Corina for probably 12 or 13 years,” Rubio said. “I’ve dealt with her probably more than anybody.”

But the reality on the ground remains difficult, he said, adding the administration has hedged its bets on the existing Venezuelan government to comply with U.S. efforts to stabilize the economy and weed out political violence before fair elections can be held.

“The people that control the guns and the institutions of government there are in the hands of this regime,” Rubio said.

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