Trump Praises Venezuela, Seeks Oil Deals
Analysis based on 8 articles · First reported Feb 13, 2026 · Last updated Feb 13, 2026
The market is likely to react positively to the potential for increased oil deals between the United States and Venezuela, which could stabilize oil prices and benefit energy companies. This diplomatic shift could also reduce geopolitical tensions, leading to a more favorable investment climate in the region.
President Donald Trump announced a significant shift in the United States' relationship with Venezuela, describing it as 'very good' and expressing plans to visit the country. This comes after the U.S. capture of Venezuelan President Nicolás Maduro in January. The Trump administration is actively seeking to boost oil deals with Venezuela and has recognized Delcy Rodríguez as the interim leader, despite previous non-recognition. U.S. Energy Secretary Chris Wright (politician) confirmed Delcy Rodríguez's role in working with the United States. Delcy Rodríguez, however, continues to refer to Nicolás Maduro as the 'legitimate president' of Venezuela. This development signals a potential re-engagement between the two nations, primarily driven by energy interests.
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