US lifts sanctions on head of Venezuela legislature
USO•The Trump administration lifted sanctions on Jorge Rodriguez, head of Venezuela’s National Assembly, according to a notice on the US Treasury Department’s website. Rodriguez and his sister are expected to lead efforts to modify oil legislation to allow more foreign companies into the country.
1. Sanctions lifted
The US Treasury Department’s website showed that the Trump administration had lifted sanctions on Jorge Rodriguez, who has led Venezuela’s National Assembly since 2021. The Venezuelan communications ministry did not immediately respond to a request for comment.
2. Oil sector changes
Caracas and Washington have struck a deal giving the US access to 17 oilfields, while international energy firms have separately committed to expanding projects in Venezuela. Rodriguez and Acting President Delcy Rodriguez are expected to spearhead moves to modify oil legislation to allow additional foreign companies, sources have said.
