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U.S. Stewardship of Venezuela’s Oil Sector

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Created January 9, 2026

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Venezuela Oil Stewardship The U.S. has shifted from sanctions to de facto stewardship

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of Venezuela’s oil sector following the removal of Nicolás Maduro. The interim government,

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led by Delcy Rodríguez, has acknowledged economic engagement while criticising the operation.

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Washington plans to: Market Venezuelan crude indefinitely Hold revenue in

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U.S-controlled accounts Roll back selected sanctions to release 30 to 50 million barrels

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Push oil prices toward $50 per barrel Exclude Russian and Chinese market influence

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For organisations with people, assets, or supply chains across northern

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LATAM and the Caribbean, this marks a material shift in the region’s energy landscape and geopolitical

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