Jorge Rodríguez

Rule Changes

Re-elected to lead legislature in January 2026; Delcy Rodríguez's brother

Hugo Chávez nationalized Venezuela's oil sector in 2007, expropriating assets from ExxonMobil, ConocoPhillips, and other foreign companies. Nineteen years later, less than a month after U.S. forces captured Nicolás Maduro, Venezuela's National Assembly passed and Acting President Delcy Rodríguez signed legislation reversing that policy—allowing private companies to independently operate oil fields, market crude, and settle disputes in international courts. The bill was submitted on January 15, debated on January 23, and signed into law on January 29—just 14 days from introduction to enactment. As Rodríguez signed the law, the U.S. Treasury Department issued General License 46, authorizing established U.S. energy companies to engage in Venezuelan oil activities but explicitly excluding entities from China, Russia, Iran, North Korea, or Cuba.

Updated Feb 5

Force in Play

Announced political prisoner releases on January 8

At 2 a.m. on January 3, Delta Force operators dragged Nicolás Maduro and his wife from their bedroom in Caracas. Seven explosions rocked Venezuela's capital as US special forces helicopters evacuated the captured president to the USS Iwo Jima, bound for New York to face narco-terrorism charges. By Saturday afternoon, Maduro arrived at the Metropolitan Detention Center in Brooklyn—the first American military capture of a sitting head of state since Manuel Noriega in 1989. Venezuela's Interior Minister Diosdado Cabello announced on January 7 that 100 people were killed in the operation, including Venezuelan military personnel, 32 Cuban forces, and civilians. Two US personnel were injured and one helicopter was hit. On January 5, Maduro and Flores pleaded not guilty before Judge Alvin Hellerstein, declaring 'I am innocent' and 'I am still the president of my country,' with their next court date set for March 17. On January 13, the Justice Department released a previously classified memo concluding the president possessed constitutional authority to order the military operation. By January 29, Venezuela's military and police formally pledged loyalty to interim President Delcy Rodríguez at a ceremony in Caracas.

Updated Jan 31