❓WHAT HAPPENED: The United States has lifted sanctions against interim Venezuelan President Delcy Rodríguez.
👤WHO WAS INVOLVED: U.S. Treasury, interim Venezuelan President Delcy Rodríguez, Secretary of State Marco Rubio.
📍WHEN & WHERE: Announced on April 2, 2026, in the United States.
💬KEY QUOTE: “We trust that this progress will allow for the lifting of the sanctions currently in place on our country, enabling the building and guaranteeing of an effective bilateral cooperation agenda for the benefit of our peoples.” – Delcy Rodríguez
🎯IMPACT: Rodríguez’s government is set to assume control of U.S. subsidiaries of PDVSA, and the U.S. will sell Venezuelan oil with investment reforms in place.
The United States removed sanctions against interim Venezuelan President Delcy Rodríguez on Wednesday, less than three months after U.S. forces captured now-former President Nicolas Maduro. “We trust that this progress will allow for the lifting of the sanctions currently in place on our country, enabling the building and guaranteeing of an effective bilateral cooperation agenda for the benefit of our peoples,” Rodríguez wrote on X (formerly Twitter).
The lifting of sanctions, announced by the U.S. Treasury, follows earlier reports that Rodríguez’s administration is preparing to assume control of the U.S. subsidiaries of PDVSA, Venezuela’s state oil firm, such as Citgo Petroleum.
This also follows an agreement between the U.S. and Venezuela that allows the former to sell the latter’s oil and ensures investment-friendly reforms to Venezuela’s mining and oil sectors. In late January, Secretary of State Marco Rubio outlined U.S. plans to control Venezuela’s oil trade to fund basic government services. “The funds from that will be deposited into an account that we will have oversight over,” Rubio said.
Following her recognition as interim leader, Rodríguez has also been given the go-ahead by the U.S. to reopen embassies and consulates, as well as regain control of Venezuela-owned foreign companies. She will reportedly travel to the U.S. to meet with President Donald J. Trump, marking her first in-person meeting with another head of state since assuming her position.
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