Delcy Rodriguez, who holds the dual roles of vice president and oil minister, has been appointed as the interim leader of Venezuela with the sanction of the nation’s highest court. Despite this change, she asserts that Maduro continues to serve as president.
The state-controlled oil giant, PDVSA, is reportedly instructing certain joint ventures to scale back crude production by temporarily closing oilfields or clusters of wells. This move comes as the company faces significant hurdles in exporting its product, according to three sources familiar with the situation who spoke to Reuters.
Once a beacon of prosperity in Latin America, Venezuela’s economic fortunes have sharply declined under Maduro’s leadership. This downturn has resulted in a mass exodus, with approximately one in five Venezuelans leaving the country, marking one of the most significant migration crises globally.
“Today, we’ll only operate until noon because we’re situated near many communities. People are struggling to find food, and it’s crucial that we offer assistance,” explained the shop owner.
The strategy of former President Trump regarding Venezuela remains uncertain. His approach could potentially alienate a faction of his supporters who are against overseas interventions.
It is unclear how Trump plans to oversee Venezuela and he runs the risk of alienating some supporters who oppose foreign interventions.
