US Energy Secretary Chris Wright visited Venezuela and met with the acting President Delcy Rodriguez, marking a significant moment in US-Venezuela relations. After their discussions, Wright announced that the oil embargo imposed by the US against Venezuela is effectively over, signaling a dramatic shift in policy. This change is expected to open new opportunities for collaboration in Venezuela's oil sector, which has faced significant challenges in recent years.

Wright emphasized that he anticipates a 'dramatic increase' in Venezuela's oil production, as Rodriguez expressed support for a 'long-term and productive' collaboration with the United States. The potential for revitalizing Venezuela's oil and gas industries could have far-reaching implications not only for the economy but also for the daily lives of Venezuelan citizens, who have been suffering from energy shortages and economic instability.

This visit by a high-ranking representative of the Trump administration highlights the shifting dynamics in international relations as the US seeks to engage more constructively with Venezuela's government. Such changes may reshape trade relations and contribute to stabilizing an economically struggling nation, thereby altering the geopolitical landscape in Latin America as well.