ARTICLE · 12 JANUARY 2026
Venezuela: Navigating A New Era Of Uncertainty
After months of escalating pressure, U.S. military and law enforcement personnel captured Venezuela's disputed ruler, Nicolás Maduro, in a nighttime raid on January 3, 2026.
VenezuelaEnergy and Natural Resources
Highlights
- U.S. forces captured Venezuelan ruler Nicolás Maduro on
January 3, 2026. He faces narcotrafficking charges in New
York.
- The Trump Administration is organizing meetings with U.S. oil
and gas executives this week to discuss rebuilding Venezuela's
energy infrastructure.
- Sanctions remain in effect for now. U.S. policymakers must
strike the right balance between providing reliable sanctions
relief and maintaining leverage over Venezuelan authorities –
a difficult task – and industry reentry will depend on the
scope and durability of sanctions relief and stability of the
operating environment.
- Companies with outstanding arbitration awards face open
questions about how prior claims will factor into new investment
opportunities.
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