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Caracas, February 12, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez hosted US Energy Secretary Chris Wright at Miraflores Palace in Caracas on Wednesday.

Wright is the highest-ranked US official to be received at the presidential palace in over 25 years. The high-profile visit took place a little over a month after US forces bombed Caracas and kidnapped Venezuelan President Nicolás Maduro and First Lady Cilia Flores on January 3.

Rodríguez and Wright, who was accompanied by US Chargé d’Affaires Laura Dogu, held a private meeting before briefly addressing the press.

Venezuela’s acting leader centered her statements on a joint “energy agenda” between Caracas and Washington that could be “mutually beneficial.” The talks reportedly included discussions on oil, natural gas, electricity, and mineral projects.

“The main point in our agenda is the establishment of a long-term productive alliance, with an energy agenda that becomes the engine of our bilateral relations,” Rodríguez told reporters. “This energy agenda should be effective, complementary, and beneficial for both countries.

Defending the recent rapproachment, she pointed to Venezuela and the United States’ energy ties dating back 150 years. 

“Our relationship has had its ups and downs in political terms, but I am confident that through diplomacy we can overcome our differences,” Rodríguez added. She made no mention of Maduro in her public remarks. 

Rodríguez, who served under Maduro as vice president, assumed the presidency on an acting basis on January 5 as directed by the Supreme Court’s Constitutional Chamber. Maduro and Flores have pleaded not guilty to charges including drug trafficking conspiracy.

Venezuelan authorities have fast-tracked a diplomatic reengagement with the Trump administration since the January 3 attacks. In a recent interview, National Assembly President Jorge Rodríguez, brother of the acting president, emphasized the prospect of establishing a “win-win” relationship with Washington.

The parliamentary leader stated that Venezuela was “adapting” legislation to attract US investment. The Venezuelan legislature recently overhauled the country’s Hydrocarbon Law to grant increased incentives to foreign corporations. Under the reformed law, private corporations will enjoy reduced taxes and royalties, as well as expanded control over operations and sales and the prerogative to take disputes to external arbitration bodies.

For his part, Wright said that he brought “a message” from Trump, that the US president was committed to a “broader agenda to make the Americas great again.” The Energy Secretary praised a “wonderful and candid dialogue” with Venezuelan leaders and spoke of “tremendous opportunities” in the Caribbean nation’s energy sector.

Wright highlighted the Trump administration’s recent sanctions waivers allowing US companies to return to the Venezuelan oil sector and permitting exports of diluents, other inputs, and technology for oil operations to the South American country.

“We have been working to issue licenses to existing businesses, to new businesses that want to enter Venezuela, for Venezuelan companies to buy [US] products and raise oil production,” he continued. “We want to set the Venezuelan people, and the economy, free.”

On Thursday, Rodríguez and Wright visited Petroindependencia, a crude upgrader in the Orinoco Oil Belt. According to reports, Wright is also scheduled to visit Petropiar. Chevron is a minority stakeholder in both joint ventures. The US official will also hold meetings with business executives, and claimed he wants to “improve the management” of PDVSA.

Since January, the Trump administration has exerted control over Venezuelan oil exports. Commodity traders Vitol and Trafigura have lifted Venezuelan crude to resell to other customers, while depositing proceeds in US-run accounts in Qatar. Washington has thus far returned to Caracas US $500 million out of a reported $2 billion initial agreement.

The recent licenses likewise mandate that payments be made to accounts designated by the US Treasury and block transactions with companies from China, Cuba, Iran, North Korea and Russia. US forces have maintained a naval blockade and seized several tankers for allegedly transporting Venezuelan crude. PDVSA also remains under financial sanctions.

Former President Hugo Chávez (1999-2013) had a confrontational relationship with Washington, repeatedly denouncing US interventions abroad, including in Afghanistan, Iraq, Libya, and Syria. He likewise promoted several regional integration projects.

Maduro severed diplomatic ties with the US in 2019 after the first Trump administration formally recognized the Juan Guaidó-led self-proclaimed “interim government” as the country’s legitimate authority.

Despite the rapid rapprochement, the White House has yet to recognize the acting government of Delcy Rodríguez. The formal recognition could pave the way for a restructuring of Venezuela’s sizable foreign debt.

LDP looks set to secure 316 seats in Japan’s 500-member house, marking its best result since its founding in 1955.

Japan’s Prime Minister Sanae Takaichi has promised to cut taxes and keep her cabinet intact as she celebrated her Liberal Democratic Party’s (LDP) landslide victory in Sunday’s general election.

Takaichi’s pledge on Monday came as projections by the NHK broadcaster showed the conservative LDP securing 316 seats in the 500-member National Assembly and winning a “historic” two-thirds majority in the lower house.

The results marked the best result for the LDP since its founding in 1955, surpassing the previous record of 300 seats won in 1986 under then-Prime Minister Yasuhiro Nakasone.

LDP’s junior partner Japan Innovation Party won 36 seats, while the main opposition Centrist Reform Alliance managed to keep only 49 of the 172 seats it previously held.

Analysts credited the LDP’s triumph to the extraordinary popularity of Takaichi, who is Japan’s first female leader, and say it will allow her to pursue significant changes in Japan’s security, immigration and economic policies.

In a televised interview with NHK on Monday, Takaichi said she will emphasise policies meant to make Japan strong and prosperous.

She told NHK that she will push for the reduction of consumption taxes as promised by the LDP. During the campaign, the governing party had said it would ease household living costs by suspending the 8 percent food sales tax for two years.

“Most parties are in favour of reducing the consumption tax, such as reducing the tax on food items to zero, or to 5 percent, or reducing the tax on all items to 5 percent,” Takaichi said.

“The LDP has also campaigned for a consumption tax cut. I strongly want to call for the establishment of a supra-party forum to speed up discussion on this, as it is a big issue.”

Takaichi also indicated that she will not make any changes in her cabinet, calling it a “good team”.

The head of Japan’s top business lobby, Keidanren, also welcomed the result, saying it will help in restoring political stability.

“Japan’s economy is now at a critical juncture for achieving sustainable and strong growth,” Yoshinobu Tsutsui said.

United States President Donald Trump, who endorsed Takaichi ahead of the election, congratulated Takaichi in a post on social media and wished her “Great Success”.

South Korea’s President Lee Jae Myung also offered his congratulations and said he hoped to see her soon in Seoul.

The leaders of India, Italy and Taiwan also welcomed Takaichi’s win.

Al Jazeera’s Patrick Fok, reporting from Tokyo, said the message from Taiwan’s President William Lai Ching-te to Takaichi could upset China.

“Remember that Takaichi triggered Chinese anger after suggesting that Japan might intervene in the event of a Chinese attack on Taiwan,” he said, referring to the diplomatic storm the Japanese leader set off last year shortly after taking office.

“How she handles that relationship between Tokyo and Beijing is likely to define Japan’s foreign policy,” Fok added.

China regards Taiwan as part of its territory and has been keeping a close eye on Takaichi and the results of the polls.

The strong mandate for Takaichi could also accelerate her plans to bolster military defence, which Beijing has cast as an attempt to revive Japan’s militaristic past.

“Beijing will not welcome Takaichi’s victory,” said David Boling, principal at the Asia Group, a firm that advises companies on geopolitical risk.

“China now faces the reality that she is firmly in place – and that its efforts to isolate her completely failed,” Boling told the Reuters news agency.

Feb. 6 (Asia Today) — President Lee Jae-myung reaffirmed a zero-tolerance stance on stock manipulation Thursday, warning that those who undermine market order face severe consequences, as authorities intensify an investigation into alleged front-running by journalists.

Lee posted the message on X after sharing a report that investigators searched the headquarters of Korea Economic Daily, writing that stock manipulation leads to “total ruin.” His remark was widely interpreted as a warning against unfair trading practices as the government’s joint crackdown gains momentum.

Financial authorities said the joint task force raided the newspaper’s Seoul office Wednesday. Five reporters are suspected of front-running – allegedly obtaining market-moving information in advance, purchasing shares, publishing related articles and then selling the stock after prices rose to secure profits.

Front-running is prohibited under South Korea’s Capital Markets Act and is classified as a fraudulent trading practice when information obtained through reporting or other nonpublic means is used for personal gain. Authorities said they are reviewing seized materials to determine whether criminal charges apply.

Lee’s comments align with his repeated warnings in recent weeks. Last month, after the KOSPI index surpassed the 4,700 level for the first time, he cautioned that stock manipulation would bring irreversible consequences, pledging to foster a “healthy capital market.”

At the time, Lee also shared news that the joint task force would expand from one team to two and urged investors to “invest properly.” The move followed his directive to strengthen enforcement by introducing multiple response teams. The Financial Services Commission, the Financial Supervisory Service and the Korea Exchange later agreed to reorganize and expand their market surveillance units.

In a policy briefing last December, Lee cited distrust in market transparency as a key factor behind the chronic undervaluation of South Korean equities and called for tougher enforcement to ensure that illegal trading is met with decisive punishment. He also ordered an expansion of enforcement personnel after learning that fewer than 40 staff members were handling stock manipulation cases at the time.

Thursday’s message was seen as reinforcing the administration’s principle that market abuses will be dealt with strictly and without exception, regardless of the individuals or institutions involved, signaling heightened scrutiny as stock prices continue to rise.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260206010002371

The president says Mexico’s decision ‘to sell or give oil to Cuba for humanitarian reasons’ was a ‘sovereign’ one.

Mexican President Claudia Sheinbaum says her country will continue to show “solidarity” with Cuba after media reports that her government halted a shipment of oil to Havana.

Mexico has in recent years become a top supplier of oil to Cuba, which relies on cut-price oil supplies from its allies to survive a US trade embargo and keep the lights on through a severe energy crisis.

Venezuela had been a major supplier of discounted crude to Cuba, but US President Donald Trump said he would halt the shipments after the United States military abducted long-term Venezuelan President Nicolas Maduro this month.

As recently as December, Mexico was still sending oil to Cuba, but several media outlets, including Bloomberg and the Mexican newspaper Reforma, have reported that a shipment planned in January was called off.

Sheinbaum refused to confirm or deny the reports on Tuesday. She told reporters during her regular morning news conference that Mexico’s decision “to sell or give oil to Cuba for humanitarian reasons” was a “sovereign decision”.

“It is determined by [Mexican state oil company] Pemex based on the contracts, or, in any case, by the government, as a humanitarian decision to send it under certain circumstances,” Sheinbaum said.

When asked if Mexico would be resuming oil shipments to Cuba, the president sidestepped the question and said, “In any case, it will be reported”. She also said Mexico would “continue to show solidarity” with Cuba.

The Reuters news agency last week reported that the Mexican government was reviewing whether to keep sending oil to Cuba amid growing concerns within Sheinbaum’s government that continuing the shipments could put the country at odds with the US.

Trump on Tuesday told reporters that “Cuba will be failing very soon”, adding that Venezuela has ‌not ‌recently sent ⁠oil or money ‌to Cuba.

According to shipping data and internal documents from state company PDVSA, Venezuela has not sent crude or fuel to Cuba for about a month.

Last year, Mexico sent approximately 5,000 barrels per day to Cuba. With Venezuela’s shipments now offline, Mexico’s supplies are critical.