Marco Rubio said New Delhi is willing to process more Venezuelan oil and highlighted its capacity to refine heavy crude. Washington did not specify which restrictions it might modify or announce any concrete measures. The Daily Journal – The United States will need to address potential sanctions-related obstacles to enable India to increase its refining […]
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The Daily Journal.- U.S. Secretary of State Marco Rubio reaffirmed Washington’s support on Friday for the dialogue process led by opposition figure Dinorah Figuera with Delcy Rodríguez’s interim administration. He said the goal is to move toward a peaceful transition that restores democracy in Venezuela. “This process that she is leading, along with her team, […]
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The Daily Journal.- U.S. Energy Secretary Chris Wright said the U.S. government’s participation in oil projects in Venezuela could help reduce political risk for investors and provide a measure of stability in the event of future changes in government. Wright made the remarks during an interview with Charlotte Howard, U.S. editor of The Economist. His […]
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The Daily Journal. — U.S. President Donald Trump defended the January military operation against Nicolás Maduro on Tuesday during the 81st session of the United Nations General Assembly and celebrated the recent energy agreement with Caracas, declaring before the international body that “to the victor belong the spoils.” During his address at the UN headquarters, […]
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The Daily Journal.- U.S. President Donald Trump said Sunday that Washington could maintain its presence in Iran and benefit from the country’s oil resources, as it did in Venezuela. “Eventually, we’ll get out (of Iran), unless we decide to stay and keep the oil, like in Venezuela. You don’t hear about Venezuela anymore, do you? […]
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The Daily Journal.— Opposition leader and former presidential candidate Enrique Márquez said Monday that the initiative promoted by Pacto por Venezuela seeks to restore the conditions necessary to rebuild the country’s institutions, revive the economy and achieve an effective transition to democracy. “Washington’s role in Venezuela’s transition is indispensable,” he stressed. Márquez made the remarks […]
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The Daily Journal – U.S. President Donald Trump said Wednesday that Venezuela’s interim president, Delcy Rodríguez, “wants” the country to hold elections. However, he believes the South American nation is “not ready” for them yet. Speaking to reporters at the White House, Trump praised the Venezuelan leader and highlighted her performance at the helm of […]
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The Daily Journal. — U.S. President Donald Trump said Sunday that his administration will soon use Venezuelan crude to replenish the country’s strategic energy reserves following the recent bilateral agreement that gives U.S. companies operational control over one-fifth of the South American country’s proven reserves. In a post on his Truth Social platform, Trump lashed […]
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The Daily Journal.- Venezuela’s oil production averaged 1.2 million barrels per day in July, up 1.09% from June, according to official figures cited by the Organization of the Petroleum Exporting Countries (OPEC) and reported by EFE. Output rose from 1.187 million barrels per day in June to 1.2 million in July, according to OPEC’s monthly […]
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The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]
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