United States Abandons Dual Recognition: Delcy Rodríguez Is the “Sole Head of State” of Venezuela
The Robert F. Kennedy Department of Justice Building in Washington, D.C., headquarters of the U.S. Department of Justice. Photo: Coolcaesar…
The Robert F. Kennedy Department of Justice Building in Washington, D.C., headquarters of the U.S. Department of Justice. Photo: Coolcaesar…
The recent escalation of tensions between the United States, Israel, and Iran threatens not only the geopolitical stability of the Middle East but also global energy markets. While oil prices have surged and maritime insurers have restricted war-risk coverage in the Persian Gulf, experts warn about the fragility of the Iranian regime and the possible scenarios following the departure of Supreme Leader Ali Khamenei. In this context, Venezuela emerges as a strategic actor capable of influencing global crude supply, in the event of prolonged disruptions in the Strait of Hormuz.
Since the early hours of Saturday, the armed forces of the United States and Israel bombed several targets inside Iran, which has already responded with bombings on military bases of the former in the region.
Venezuela is experiencing a rapid reconfiguration of its energy sector and international economic relations, marked by the easing of sanctions, the return of major oil companies, the review of contracts signed during years of isolation, and new negotiations with Washington and Europe.
He stressed that Washington is working “very closely” with interim president Delcy Rodríguez to unlock “extraordinary economic benefits for both countries” and to bring “new hope to those who have suffered so terribly.” Central to that renewed relationship, Trump underscored, is energy cooperation. He announced that more than 80 million barrels of Venezuelan crude had recently entered the U.S. market. One of the most unexpected moments of the address came when Enrique Márquez—former presidential candidate and leader of the Centrados party—was introduced in the chamber. Márquez had spent a year imprisoned at El Helicoide, headquarters of Venezuela’s intelligence service. Trump invited him to stand and celebrate his freedom, as cameras captured an emotional embrace with his niece.
Venezuela’s oil industry is undergoing a period of reconfiguration marked by a partial increase in domestic refining, new U.S. licenses that are energizing exports and gas projects, the return of supertankers to its terminals, expectations of foreign investment, India’s presence in light of the agreement with the United States, challenges stemming from past debts, the IMF’s interest, and prospects for economic reactivation in the country’s oil-producing regions.
The visit of the Qatari head of government comes at a time of political and economic reconfiguration in Venezuela, with Doha consolidating its role as an intermediary between Caracas and Washington while expanding its global profile as a conflict mediator.
The United States Government, through the Office of Foreign Assets Control (OFAC), published a new exception to its sanctions on Venezuelan oil and gas on Friday, allowing new investments.
The U.S. Embassy highlighted on social media the Energy Secretary’s visit as “key for a prosperous Venezuela,” emphasizing the role…
The U.S. government issued three sanctions waivers on Venezuela’s oil and transport infrastructure on Tuesday, in the wake of Energy Secretary Chris Wright’s visit to the South American country.