Diosdado Cabello, a key power player in Venezuela, controls security and supports Maduro’s regime amid US sanctions and political chaos.
On January 29, 2026, Venezuela's National Assembly passed a bill reforming the oil sector to allow private and foreign companies operational control, reversing decades of state monopoly. The Trump administration eased sanctions on Venezuelan oil, signaling increased US involvement following the January 3 US military capture of former President Nicolás Maduro. Acting President Delcy Rodríguez supports the reforms amid ongoing political tensions and US pressure.
Venezuela released at least 35 political prisoners on Sunday, including opposition figures Juan Pablo Guanipa and María Oropeza, following international pressure and a visit from UN human rights representatives. The government also announced plans to close the notorious El Helicoide prison and propose a broad amnesty law covering political violence since 1999.
Support for Venezuela's ruling party is declining at the grassroots level, with reports of falling participation and support, amid economic uncertainty and internal fractures following Maduro's detention. The opposition and interim government face challenges in maintaining unity and influence.
U.S. officials, including high-ranking envoy Wright, visited Venezuela amid efforts to restore relations and boost oil production. The U.S. lifted sanctions, and Venezuela's government aims to increase oil output, signaling a significant shift after Maduro's ousting and recent reforms to attract foreign investment.
The US has removed sanctions from Venezuelan official Rodriguez, signaling improved relations. She is now recognized as Venezuela's interim leader, and US-Venezuela diplomatic ties are being restored, including reopening the US embassy after seven years. The move follows the US military operation that detained Maduro and his wife in January.