U.S. President Donald Trump and Venezuelan Acting President Delcy Rodriguez held what both described as a "long" and "productive" phone conversation this week, marking a potential turning point in relations between the two nations. The January 13 discussion comes amid recent U.S. military actions in Venezuela, including the January 3 operation that resulted in former President Nicolás Maduro's removal from power.
Embassy Reopening on the Agenda
Rodriguez confirmed plans to send Venezuelan Ambassador to Britain Felix Plasencia to Washington this week, coinciding with a potential White House visit by opposition figure Maria Corina Machado. This flurry of diplomatic activity follows a Bloomberg report indicating the Trump administration is considering reopening its Caracas embassy, closed since 2019.
Oil Markets Watch Closely
The developments come as U.S. Energy Secretary Chris Wright reaffirmed Washington's control over Venezuelan oil sales, following the January 14 seizure of a fifth Venezuelan-flagged oil tanker. Analysts suggest renewed diplomatic ties could reshape global energy markets, particularly as Venezuela holds the world's largest proven oil reserves.
Path Forward Remains Uncertain
While both leaders expressed optimism, challenges persist. The U.S. maintains control over critical Venezuelan energy infrastructure, and political divisions within Venezuela continue to complicate reconciliation efforts. The international community will closely watch Plasencia's Washington visit for signs of concrete progress.
