Venezuela’s new leader faces competing pressures from the US and a government loyal to Maduro

Venezuela's acting President Delcy Rodriguez makes a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

CARACAS, Venezuela (AP) — Venezuela’s acting president Delcy Rodriguez used her first state of the union speech on Thursday to promote oil industry reforms that would allow greater foreign investment, an objective aggressively pushed by the Trump administration since it toppled the country’s longtime leader less than two weeks ago.

RodrĂ­guez, who has been under pressure from the U.S. to fall in line with its vision for the oil-rich nation, said sales of Venezuelan oil would go to bolster crisis-stricken health services, economic development and other infrastructure projects.

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