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4w ago

U.S. Lifts Sanctions on Venezuela’s Acting President Delcy Rodríguez

The move clears a legal path for U.S. dealings with her government.

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Venezuela's acting President Delcy Rodriguez attends a meeting with Colombia's Defense Minister Pedro Sanchez and Colombia's Foreign Minister Rosa Villavicencio after a planned meeting between Colombian President Gustavo Petro and Rodriguez was postponed, at Miraflores Palace in Caracas, Venezuela, March 13, 2026. REUTERS/Gaby Oraa
Venezuela's acting President Delcy Rodriguez, right, speaks next to the World Baseball Classic trophy a day after her team's victory over the United States in the championship match, at Miraflores presidential palace in Caracas, Venezuela, Wednesday, March 18, 2026. (AP Photo/Ariana Cubillos)
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Overview

  • OFAC, which updated its list Wednesday, removed Rodríguez from the Specially Designated Nationals roster, allowing U.S. persons to do business with her.
  • The U.S. Embassy in Caracas reopened Monday after seven years, following Washington’s March recognition of Rodríguez’s interim government.
  • Reuters reported her team is preparing to take control of the boards of PDVSA’s U.S. subsidiaries, including Citgo, a prized refiner that represents Venezuela’s most valuable foreign asset.
  • Only Rodríguez has been delisted, while other Maduro-era officials remain sanctioned and some face U.S. drug‑trafficking cases.
  • The step advances a U.S. push for oil and mining deals in Venezuela, with senior officials and investors visiting Caracas to expand energy output and reopen commercial channels.