Venezuela

Country Venezuela
Capital Caracas
Continent South America
Currency Bolivar fuerte(VEF)
Languages Spanish

Information

Introduction

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.

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References

Venezuela - Wikipedia
Venezuela - CIA World Fact Book
Venezuela - BBC
Venezuela - Timeline - BBC

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News Headlines

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India to buy oil from Venezuela instead of Russia? US pitch to counter 25% tariffs - Times of IndiaIndia to buy oil from Venezuela instead of Russia? US pitch to counter 25% tariffs  Times of India

US pitches Venezuelan crude to India as its Russian oil imports slow, sources say - ReutersUS pitches Venezuelan crude to India as its Russian oil imports slow, sources say  Reuters

Venezuela's acting President Rodriguez dials PM Modi, agrees to take bilateral ties to new heights - The HinduVenezuela's acting President Rodriguez dials PM Modi, agrees to take bilateral ties to new heights  The Hindu

Venezuela Opens Up Oil Sector: What Now? - NDTVVenezuela Opens Up Oil Sector: What Now?  NDTV

What’s next for Venezuela? - Al JazeeraWhat’s next for Venezuela?  Al Jazeera

Trump says US armada bigger than Venezuela mission sailing towards Iran - India TodayTrump says US armada bigger than Venezuela mission sailing towards Iran  India Today

PM Modi & Venezuela’s Acting President agree to deepen bilateral ties - News On AIRPM Modi & Venezuela’s Acting President agree to deepen bilateral ties  News On AIR

PM Modi, Venezuela Acting President discuss expanding bilateral cooperation - ddnews.gov.inPM Modi, Venezuela Acting President discuss expanding bilateral cooperation  ddnews.gov.in

Hegseth Touts Deterrent Effect of Venezuela Raid During First 2026 Cabinet Meeting - U.S. Department of War (.gov)Hegseth Touts Deterrent Effect of Venezuela Raid During First 2026 Cabinet Meeting  U.S. Department of War (.gov)

PM Narendra Modi holds talks with Venezuela’s acting President Delcy Rodriguez, both agree to deepen bilateral ties - WIONPM Narendra Modi holds talks with Venezuela’s acting President Delcy Rodriguez, both agree to deepen bilateral ties  WION

PM receives a telephone call from the Acting President of Venezuela - PM IndiaPM receives a telephone call from the Acting President of Venezuela  PM India

Venezuela’s acting President Delcy Rodriguez announces prisoner amnesty - Al JazeeraVenezuela’s acting President Delcy Rodriguez announces prisoner amnesty  Al Jazeera

Venezuela's acting president announces proposed amnesty law, better prison conditions - Anadolu AjansiVenezuela's acting president announces proposed amnesty law, better prison conditions  Anadolu Ajansi

Venezuela slams U.S. ‘punitive’ measures against ally Cuba - The HinduVenezuela slams U.S. ‘punitive’ measures against ally Cuba  The Hindu

Venezuela’s New Leader Is Trying to Run Out the Clock on Trump - The Wall Street JournalVenezuela’s New Leader Is Trying to Run Out the Clock on Trump  The Wall Street Journal

Venezuela plans amnesty law for political prisoners and closure of notorious prison - CNNVenezuela plans amnesty law for political prisoners and closure of notorious prison  CNN

Venezuelan MPs approve bill to open up oil sector to private firms - BBCVenezuelan MPs approve bill to open up oil sector to private firms  BBC

From Caracas to New Delhi: How Venezuela Regime Crisis could Impact India’s Taxes and Oil Imports - TaxscanFrom Caracas to New Delhi: How Venezuela Regime Crisis could Impact India’s Taxes and Oil Imports  Taxscan

Exxon, Chevron Cautious on Venezuela as Trump Urges Oil Growth - Bloomberg.comExxon, Chevron Cautious on Venezuela as Trump Urges Oil Growth  Bloomberg.com

Venezuela's Acting President Rodriguez Dials PM Modi As US Signals Resumption Of Oil purchases For India - SwarajyamagVenezuela's Acting President Rodriguez Dials PM Modi As US Signals Resumption Of Oil purchases For India  Swarajyamag

Venezuela announces bill that could lead to mass release of prisoners detained for political reasons - The HinduVenezuela announces bill that could lead to mass release of prisoners detained for political reasons  The Hindu

'Punitive': Venezuela slams US tariffs on countries supplying oil to Cuba - Times of India'Punitive': Venezuela slams US tariffs on countries supplying oil to Cuba  Times of India

Lake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again' - BBCLake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again'  BBC

Trump says that he will allow reopening of Venezuelan airspace - Al JazeeraTrump says that he will allow reopening of Venezuelan airspace  Al Jazeera

Trump says he’s reopening Venezuelan airspace and Americans may visit - The Washington PostTrump says he’s reopening Venezuelan airspace and Americans may visit  The Washington Post

Trump orders immediate reopening of commercial airspace over Venezuela - The GuardianTrump orders immediate reopening of commercial airspace over Venezuela  The Guardian

PM Modi Speaks To Venezuela President, Agrees To Expand Bilateral Ties - NDTVPM Modi Speaks To Venezuela President, Agrees To Expand Bilateral Ties  NDTV

Trump's Long History With Venezuela's Elite Before He Decided To Fix It - NDTVTrump's Long History With Venezuela's Elite Before He Decided To Fix It  NDTV

Venezuela’s Delcy Rodríguez announces amnesty for political prisoners - Financial TimesVenezuela’s Delcy Rodríguez announces amnesty for political prisoners  Financial Times

Can Venezuela’s Delcy Rodríguez become a Latin American Deng Xiaoping? - The GuardianCan Venezuela’s Delcy Rodríguez become a Latin American Deng Xiaoping?  The Guardian

Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense - CNBCExxon CEO says Venezuela needs to transition to democracy for oil investment to make sense  CNBC

Full amnesty: Venezuela to pardon political prisoners since 1999 - Euronews.comFull amnesty: Venezuela to pardon political prisoners since 1999  Euronews.com

Venezuela opens up oil sector to US firms - The New RegionVenezuela opens up oil sector to US firms  The New Region

Venezuela announces mass amnesty plan for political prisoners dating back to Chavez era - The GuardianVenezuela announces mass amnesty plan for political prisoners dating back to Chavez era  The Guardian

Watch Filmmaker Laura Poitras on US Actions in Venezuela - Bloomberg.comWatch Filmmaker Laura Poitras on US Actions in Venezuela  Bloomberg.com

India and Venezuela agree to deepen partnership across trade, investment, energy - The Indian EYEIndia and Venezuela agree to deepen partnership across trade, investment, energy  The Indian EYE

Venezuela approves bill to open oil sector to foreign investment after US pressure - The GuardianVenezuela approves bill to open oil sector to foreign investment after US pressure  The Guardian

Chevron CEO says Venezuela is taking positive steps to protect private oil investment - CNBCChevron CEO says Venezuela is taking positive steps to protect private oil investment  CNBC

US offers Venezuelan oil to India as Russian crude imports fall - India TodayUS offers Venezuelan oil to India as Russian crude imports fall  India Today

Mexico in Trump’s sights as drug ties to Venezuela loom large - Financial TimesMexico in Trump’s sights as drug ties to Venezuela loom large  Financial Times

Venezuela: Interim president proposes amnesty bill - DW.comVenezuela: Interim president proposes amnesty bill  DW.com

Venezuela announces amnesty bill that could lead to release of political prisoners - NPRVenezuela announces amnesty bill that could lead to release of political prisoners  NPR

Venezuela's acting president Rodriguez dials PM Modi, agrees to take bilateral ties to new heights - UdayavaniVenezuela's acting president Rodriguez dials PM Modi, agrees to take bilateral ties to new heights  Udayavani

Venezuela’s acting president proposes sweeping amnesty for political prisoners - TRT WorldVenezuela’s acting president proposes sweeping amnesty for political prisoners  TRT World

Venezuela plans amnesty law for prisoners, vows to convert major prison center - ReutersVenezuela plans amnesty law for prisoners, vows to convert major prison center  Reuters

'Common roadmap to relaunch ties in 2026': Venezuela's Acting President Delcy Rodriguez after call with PM Modi - Public TV English'Common roadmap to relaunch ties in 2026': Venezuela's Acting President Delcy Rodriguez after call with PM Modi  Public TV English

American Airlines to fly to Venezuela for first time since 2019, marking return of U.S. service - CNBCAmerican Airlines to fly to Venezuela for first time since 2019, marking return of U.S. service  CNBC

Venezuela interim president announces 'general amnesty' law - Bangladesh Sangbad Sangstha (BSS)Venezuela interim president announces 'general amnesty' law  Bangladesh Sangbad Sangstha (BSS)

Venezuela oil sector opens to private firms as US sanctions ease and PDVSA loses dominance - OrganiserVenezuela oil sector opens to private firms as US sanctions ease and PDVSA loses dominance  Organiser

Venezuelan opposition leader María Corina Machado says she "will be president when the time comes" - CBS NewsVenezuelan opposition leader María Corina Machado says she "will be president when the time comes"  CBS News

Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall - The New York TimesChevron Points to Venezuela’s Promise as Big Oil Earnings Fall  The New York Times

Venezuela approves new law opening its oil industry as Trump threatens more tariffs on countries selling oil to Cuba - CNNVenezuela approves new law opening its oil industry as Trump threatens more tariffs on countries selling oil to Cuba  CNN

WATCH: Trump says he's opening up all commercial airspace over Venezuela - PBSWATCH: Trump says he's opening up all commercial airspace over Venezuela  PBS

How the U.S. tightened its grip on Venezuela's oil in past decades - news.cgtn.comHow the U.S. tightened its grip on Venezuela's oil in past decades  news.cgtn.com

Exclusive: US handing over seized tanker to Venezuela, officials say - ReutersExclusive: US handing over seized tanker to Venezuela, officials say  Reuters

Sweeping oil reform in Venezuela approved, operators expected to gain autonomy - ReutersSweeping oil reform in Venezuela approved, operators expected to gain autonomy  Reuters

Taking ties to new heights: PM, acting Venezuela leader hold talks amid US tensions - India TodayTaking ties to new heights: PM, acting Venezuela leader hold talks amid US tensions  India Today

Trump wants Big Oil in Venezuela. Here's what it would take - qz.comTrump wants Big Oil in Venezuela. Here's what it would take  qz.com

“India and Venezuela Will Take Bilateral Relations to New Heights,” Says PM Modi - Goemkarponn“India and Venezuela Will Take Bilateral Relations to New Heights,” Says PM Modi  Goemkarponn

Exxon says it has the technology needed for Venezuela's high-cost crude - ReutersExxon says it has the technology needed for Venezuela's high-cost crude  Reuters

Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead - FortuneExxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead  Fortune

Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities - ReutersChevron beats Q4 profit estimate, eyes Venezuela investment opportunities  Reuters

Exxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road Ahead - EnergyNow.comExxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road Ahead  EnergyNow.com

Mexico’s oil industry faces new pressures from Venezuela oil under US - Al JazeeraMexico’s oil industry faces new pressures from Venezuela oil under US  Al Jazeera

Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector - The New York TimesVenezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector  The New York Times

Venezuela announces amnesty push for mass release of political prisoners - France 24Venezuela announces amnesty push for mass release of political prisoners  France 24

Venezuela’s Rodriguez Announces Amnesty For Political Prisoners - Bloomberg.comVenezuela’s Rodriguez Announces Amnesty For Political Prisoners  Bloomberg.com

Venezuela has routinely arrested foreigners on a range of charges from spying to plotting attacks #malaysiagazette - FacebookVenezuela has routinely arrested foreigners on a range of charges from spying to plotting attacks #malaysiagazette  Facebook

Is Venezuelan oil cheaper than Russian crude? Know how Trump’s ‘global salesman’ approach could impact petrol and diesel prices due to… - news24online.comIs Venezuelan oil cheaper than Russian crude? Know how Trump’s ‘global salesman’ approach could impact petrol and diesel prices due to…  news24online.com

Rubio declines to rule out further US military action in Venezuela at Senate hearing - The GuardianRubio declines to rule out further US military action in Venezuela at Senate hearing  The Guardian

PM Modi, Venezuela's acting prez Delcy Rodríguez hold phone call, agree to expand bilateral ties - MSNPM Modi, Venezuela's acting prez Delcy Rodríguez hold phone call, agree to expand bilateral ties  MSN

Marco Rubio tells senators Venezuela transition won't be fast or easy - NPRMarco Rubio tells senators Venezuela transition won't be fast or easy  NPR

CIA director had two-hour meeting with new Venezuelan leader in Caracas - BBCCIA director had two-hour meeting with new Venezuelan leader in Caracas  BBC

Trump Mingled With Venezuela’s Elite Long Before He Vowed to Fix the Country - Bloomberg.comTrump Mingled With Venezuela’s Elite Long Before He Vowed to Fix the Country  Bloomberg.com

Chevron pledges tight rein on Venezuela spending as US pushes oil majors to invest - Financial TimesChevron pledges tight rein on Venezuela spending as US pushes oil majors to invest  Financial Times

Venezuela’s interim president’s oil law reform to break with Chavez model - Al JazeeraVenezuela’s interim president’s oil law reform to break with Chavez model  Al Jazeera

US Urges India to Replace Russian Oil with Venezuelan Crude to Ease Tariff Pressure - Times NowUS Urges India to Replace Russian Oil with Venezuelan Crude to Ease Tariff Pressure  Times Now

'Take India-Venezuela relations to new heights': PM Modi speaks with acting president Delcy Rodríguez - The Economic Times'Take India-Venezuela relations to new heights': PM Modi speaks with acting president Delcy Rodríguez  The Economic Times

Venezuela Announces Amnesty Covering Chávez Era to Present - ????Venezuela Announces Amnesty Covering Chávez Era to Present  ????

Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners - Al JazeeraWhy access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners  Al Jazeera

China criticises US on Venezuela, ignores Uyghur abuses at home - lokmattimes.comChina criticises US on Venezuela, ignores Uyghur abuses at home  lokmattimes.com

Chevron CEO Says It’s Too Early to Determine Venezuela Outlook - The Wall Street JournalChevron CEO Says It’s Too Early to Determine Venezuela Outlook  The Wall Street Journal

Why Venezuela's Oil Comeback Is Proving Harder Than Trump Expected - Crude Oil Prices Today | OilPrice.comWhy Venezuela's Oil Comeback Is Proving Harder Than Trump Expected  Crude Oil Prices Today | OilPrice.com

Chevron earnings beat as production hits record with upside expected in Venezuela - CNBCChevron earnings beat as production hits record with upside expected in Venezuela  CNBC

The US attack on Venezuela and the collapse of international law - Al JazeeraThe US attack on Venezuela and the collapse of international law  Al Jazeera

“Hostile Takeovers”: As U.S. Claims Venezuela’s Oil, Trump Seeks “Vassal States” Across the World - Democracy Now!“Hostile Takeovers”: As U.S. Claims Venezuela’s Oil, Trump Seeks “Vassal States” Across the World  Democracy Now!

Rubio Says Venezuela Will Submit Monthly Budget to White House - The New York TimesRubio Says Venezuela Will Submit Monthly Budget to White House  The New York Times

Trump’s move on Maduro could lift San Antonio’s Valero as it eyes Venezuela oil - San Antonio Express-NewsTrump’s move on Maduro could lift San Antonio’s Valero as it eyes Venezuela oil  San Antonio Express-News

Venezuela’s Zombie Transition Cannot Last – Paola Romero - Law & LibertyVenezuela’s Zombie Transition Cannot Last – Paola Romero  Law & Liberty

An Early Test of America’s Control Over Venezuela - The AtlanticAn Early Test of America’s Control Over Venezuela  The Atlantic

Ricardo Hausmann: ‘If Trump does not facilitate the transition to democracy, we will have to oppose his strategy’ - EL PAÍS EnglishRicardo Hausmann: ‘If Trump does not facilitate the transition to democracy, we will have to oppose his strategy’  EL PAÍS English

Venezuela’s acting president announces amnesty, plans to convert notorious prison into community center - Yeni Safak EnglishVenezuela’s acting president announces amnesty, plans to convert notorious prison into community center  Yeni Safak English

Trump says airlines can fly to Venezuela again — and American wants to be the first to return - Business InsiderTrump says airlines can fly to Venezuela again — and American wants to be the first to return  Business Insider

Venezuelan interim president proposes mass amnesty - Bangkok PostVenezuelan interim president proposes mass amnesty  Bangkok Post

How is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint? - The ConversationHow is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint?  The Conversation

Chevron stock jumps after Q4 beat and Venezuela moves — what investors watch next week - TechStock²Chevron stock jumps after Q4 beat and Venezuela moves — what investors watch next week  TechStock²

US forces seize a seventh Venezuela-linked oil tanker - Al JazeeraUS forces seize a seventh Venezuela-linked oil tanker  Al Jazeera

In Wake of Venezuela, Nonkinetic Effects ‘at the Forefront of Everything We Do’: Official - Air & Space Forces MagazineIn Wake of Venezuela, Nonkinetic Effects ‘at the Forefront of Everything We Do’: Official  Air & Space Forces Magazine

Venezuela announces bill that could lead to mass release of political prisoners - Australian Broadcasting CorporationVenezuela announces bill that could lead to mass release of political prisoners  Australian Broadcasting Corporation

Three lessons from Venezuela’s economic collapse - Fraser InstituteThree lessons from Venezuela’s economic collapse  Fraser Institute