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Global Trade & Sanctions LawPublished on:
Venezuelan Energy Sector: Recent Developments, Challenges and Opportunities
On January 3, 2026, the United States military conducted an operation in Caracas resulting in the extraction of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. They currently remain in the U.S. facing federal charges based on indictments unsealed in 2020. Two days later, Delcy Rodríguez assumed the role of acting President and has been cooperating with President Trump and his administration with respect to the release of several political prisoners and U.S. citizens.
