The United States and Venezuela have agreed to resume diplomatic and consular relations. This was announced by the US State Department after months of heightened tension.
The restoration of ties comes amid a change of power in Caracas. In January 2026, American forces conducted a raid in the capital and captured former President Nicolás Maduro. Delcy Rodríguez, who previously served as vice president, became interim president.
The parties have already held a series of high-level meetings. In September 2026, Donald Trump met with Rodríguez on the sidelines of the UN General Assembly. Energy, mining and security issues were discussed.
Venezuela has granted American companies significant rights to develop oil fields. This concerns more than 65 billion barrels of reserves and long-term concessions for 17 fields.
Washington had earlier recognized Rodríguez as head of state, lifted sanctions from her and from Venezuela's Central Bank. The restoration of embassies and consulates became the next step in normalization.
How will this rapprochement affect regional stability and the economies of both countries?
The Venezuelan side emphasizes historical ties and a desire for mutually beneficial cooperation. American officials note a focus on stabilization and economic recovery.
