"The morning of March 14, 2019, the American flag was lowered for the final time at US Embassy Caracas. This morning, on March 14, 2026, at the same time, my team and I raised the American flag—exactly seven years after it was lowered. A new era for US-Venezuela relations has begun."
"The Trump administration has held up Venezuela as a model for regime change in other countries, including Iran, that have been in conflict with the US. The renewed diplomatic ties come after the US launched a deadly military operation on January 3 on Venezuelan soil, culminating in the abduction of former President Nicolas Maduro and his wife Cilia Flores."
"The Trump administration has pressed Rodriguez's government for multiple concessions, including access to the country's vast oil reserves and other natural resources. In response, Rodriguez has championed laws to open the country's nationalised oil and mining sectors to foreign investment."
The United States reopened its embassy in Caracas on March 14, 2026, exactly seven years after closing it. This diplomatic restoration follows the Trump administration's military operation that led to former President Nicolas Maduro's removal in January 2026. Interim President Delcy Rodriguez, Maduro's former vice president, now leads Venezuela with Trump's approval. The Trump administration has leveraged this relationship to secure concessions, particularly regarding access to Venezuela's oil reserves and natural resources. Rodriguez's government has responded by opening nationalized oil and mining sectors to foreign investment and transferring approximately 80 million barrels of oil to US control.
#us-venezuela-diplomacy #oil-and-resource-access #regime-change #embassy-reopening #trump-administration-foreign-policy
Read at www.aljazeera.com
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