Venezuela's Interim President Proposes Oil Sector Reforms and Seeks U.S. Engagement

Venezuela's interim President Delcy Rodriguez announced plans to reform the country's oil sector, aiming to open it to greater foreign investment and recalibrate relations with the United States following the ouster of former President Nicolas Maduro. She called on lawmakers to approve changes to the Hydrocarbons Law and proposed creating sovereign wealth funds to support social protection, health services, and infrastructure. Rodriguez emphasized diplomacy with the U.S. amid pressures to align with Washington's vision for Venezuela's oil industry.