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Venezuela’s new leader calls for opening oil industry to foreign investment and warmer US ties

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Venezuela’s new leader calls for opening oil industry to foreign investment and warmer US ties
News

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Venezuela’s new leader calls for opening oil industry to foreign investment and warmer US ties

2026-01-16 09:42 Last Updated At:14:51

CARACAS, Venezuela (AP) — Venezuela’s acting President Delcy Rodríguez used her first state of the union message Thursday to advocate for opening the crucial state-run oil industry to more foreign investment following the Trump administration's pledge to seize control of Venezuelan crude sales.

For the first time, Rodríguez laid out a vision for Venezuela’s new political reality — one that challenges her government’s most deeply rooted beliefs less than two weeks after the United States captured and toppled former President Nicolás Maduro.

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Venezuela's acting President Delcy Rodriguez arrives at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez arrives at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez delivers her first state of the union address at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez delivers her first state of the union address at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Ceylis Mendez and her daughter Zoe cool off in the Gulf of Venezuela in front of the Cardon oil refinery off the shore of Punta Cardon, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Ceylis Mendez and her daughter Zoe cool off in the Gulf of Venezuela in front of the Cardon oil refinery off the shore of Punta Cardon, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Venezuela's acting President Delcy Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses lawmakers next to a picture of former President Nicolas Maduro and his wife Cilia Flores, at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses lawmakers next to a picture of former President Nicolas Maduro and his wife Cilia Flores, at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, her brother National Assembly President, Jorge Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, her brother National Assembly President, Jorge Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez makes a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez makes a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, smiles flanked by Interior Minister Diosdado Cabello, right, and National Assembly President Jorge Rodriguez after making a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, smiles flanked by Interior Minister Diosdado Cabello, right, and National Assembly President Jorge Rodriguez after making a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Under pressure from the U.S. to cooperate with its plans for reshaping Venezuela’s sanctioned oil industry, Maduro's former vice president declared that a “new policy is being formed in Venezuela."

She urged the foreign diplomats in attendance to tell investors abroad about the changes and called on lawmakers to approve oil sector reforms that would secure foreign firms' access to Venezuela’s vast reserves.

“Venezuela, in free trade relations with the world, can sell the products of its energy industry,” she said.

The Trump administration has said it plans to control future oil export revenues to ensure it benefits the Venezuelan people.

In that vein, Rodríguez described cash from the oil sales flowing into two sovereign wealth funds, one to support crisis-stricken health services and another to bolster public infrastructure, much of which was built under Maduro’s predecessor, Hugo Chávez, and has since deteriorated.

These days the country's hospitals are so poorly equipped that patients are asked to provide supplies needed for their care, from syringes to surgical screws.

While Rodríguez criticized the U.S. capture of Maduro and referred to a “stain on our relations," she also promoted the resumption of diplomacy between the historic adversaries. Her succinct, 44-minute speech and mollifying tone marked a dramatic contrast to her predecessors' fiery rants against U.S. imperialism that often went on for hours.

“Let us not be afraid of diplomacy,” Rodriguez. “I ask that politics not be transformed, that it not begin with hatred and intolerance.”

The day before, she gave a 4-minute briefing to the media to say her government would continue releasing prisoners detained under Maduro's harsh rule. But human rights groups have verified just a fraction of the releases that she claimed took place.

Rodríguez appears to be threading a needle.

A portrait of Maduro and his wife, Cilia Flores, was displayed next to her as she spoke. She called for the U.S. government to "respect the dignity" of Maduro, who is being held in a Brooklyn jail after pleading not guilty to drug-trafficking charges. She portrayed herself as defending Venezuela's sovereignty even as the country warmed up to the U.S. with dizzying speed.

“If one day, as acting president, I have to go to Washington, I will do so standing up, walking, not being dragged," she said. "I'll go standing tall ... never crawling.”

Rodríguez delivered her speech as Venezuela's Nobel Prize-winning opposition leader María Corina Machado was the one in Washington to meet President Donald Trump.

Since Maduro's ouster, Trump has frozen Machado out of discussions about the nation's political fate while embracing Rodríguez, praising Maduro’s long-time loyalist as a “terrific person” after holding his first known phone call with her on Wednesday.

Machado, whose party is considered to have won the tumultuous 2024 presidential elections despite Maduro's claims of victory, said she presented her Nobel Peace Prize medal to Trump during their closed-door conversation.

Emerging from the White House afterward, she greeted dozens of cheering supporters. "We can count on President Trump,” she told them, without elaborating.

Her role in Venezuelan politics remains uncertain as Rodríguez’s government has been effectively relieved of having to hold elections for the foreseeable future.

Machado’s meeting with Trump received no coverage in Venezuela.

The country's state-run TV still pumps out a steady stream of pro-government images, including various statements from Iranian and Russian officials decrying “U.S. aggression" and wall-to-wall coverage of state-orchestrated rallies demanding Maduro's return.

Crowds of teachers on Thursday marched through the streets of Venezuela’s capital, Caracas, carrying posters condemning the U.S. for “kidnapping” Maduro and chanting slogans in support of the government. National police wearing riot gear were everywhere. Pro-government graffiti scrawled across city walls read: “To doubt is to betray."

“They've kept the same anti-imperialist rhetoric going, but more moderated," said David Smilde, a Venezuela expert at Tulane University who has studied Venezuela for 30 years. “Their idea is to give Trump everything he wants economically, but stay the course politically."

On the streets of central Caracas, most Venezuelans going about their days declined to be interviewed about their opinions, fearful of government reprisals as Maduro's security apparatus remains intact. Others were simply at a loss of what to say about their country's strange new reality in which the U.S. claims to call the shots.

“It’s a complete sea of ​​uncertainty, and the only one who now has the power to make decisions is the United States government,” said Pablo Rojas, 28, a music producer.

He said he was following Trump's meeting with Machado closely "to see if she takes a leadership position, if they consider her ready to lead the country or be a candidate." He shook his head in puzzlement. “It’s impossible to know what will happen.”

Associated Press writers Isabel DeBre in Buenos Aires, Argentina, and Megan Janetsky in Mexico City contributed to this report.

Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america

Venezuela's acting President Delcy Rodriguez arrives at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez arrives at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez delivers her first state of the union address at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez delivers her first state of the union address at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Ceylis Mendez and her daughter Zoe cool off in the Gulf of Venezuela in front of the Cardon oil refinery off the shore of Punta Cardon, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Ceylis Mendez and her daughter Zoe cool off in the Gulf of Venezuela in front of the Cardon oil refinery off the shore of Punta Cardon, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Matias Delacroix)

Venezuela's acting President Delcy Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses lawmakers next to a picture of former President Nicolas Maduro and his wife Cilia Flores, at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses lawmakers next to a picture of former President Nicolas Maduro and his wife Cilia Flores, at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, her brother National Assembly President, Jorge Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, her brother National Assembly President, Jorge Rodriguez, left, and Interior Minister Diosdado Cabello arrive at the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez addresses the National Assembly in Caracas, Venezuela, Thursday, Jan. 15, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez makes a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez makes a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, smiles flanked by Interior Minister Diosdado Cabello, right, and National Assembly President Jorge Rodriguez after making a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

Venezuela's acting President Delcy Rodriguez, center, smiles flanked by Interior Minister Diosdado Cabello, right, and National Assembly President Jorge Rodriguez after making a statement to the press at Miraflores presidential palace in Caracas, Venezuela, Wednesday, Jan. 14, 2026. (AP Photo/Ariana Cubillos)

ISLAMABAD (AP) — Turkish President Recep Tayyip Erdogan offered to mediate for a new ceasefire between Pakistan and Afghanistan as border clashes between Afghanistan and Pakistan entered their sixth day on Wednesday.

The conflict erupted last week with Afghanistan launching attacks on Thursday in retaliation for Pakistani airstrikes the previous weekend. Since then, Pakistan has carried out operations along the border and declared it was in an “open war” with Afghanistan, alarming the international community.

The ongoing clashes ended an earlier ceasefire brokered by Qatar and Turkey in October, when the two neighbors had again come close to a war. The truce, signed in Qatar at the time, was followed by six days of talks in Istanbul, which resulted in an agreement to extend the truce and hold a third round of negotiations in November.

Those talks, held on Nov. 6 and Nov. 7 failed to produce any breakthrough and the process stalled.

According to a statement from the Turkish presidential office, Erdogan, in a telephone call with Pakistani Prime Minister Shehbaz Sharif “condemned the terrorist attacks in Pakistan” and said Turkey would seek to "contribute to the reestablishment of the ceasefire between Pakistan and Afghanistan.”

Sharif’s office did not directly confirm Erdogan’s offer but said the two leaders discussed tensions along the 2,611-kilometer (1,622-mile) -long Afghan-Pakistan border. It said the two “exchanged views on recent developments" and would remain in closer "contact in our shared pursuit of peace and stability in the region.”

There was also no immediate comment on Erdogan's offer from the Taliban government in Afghanistan but Kabul may see the Turkish president's comments as one-sided or even openly supporting Islamabad.

However, Turkish Foreign Minister Hakan Fidan had reached out to Afghan Foreign Minister Amir Khan Muttaqi last week to discuss the cross-border situation, according to the Afghan Ministry of Foreign Affairs. The ministry released no further details.

Since the latest fighting broke out, both sides have since claimed inflicting heavy losses on each other in fighting that has mainly focused in Pakistan's border regions in the northwestern Khyber Pakhtunkhwa province and southwestern Balochistan province.

Casualty reports have vastly conflicted. The border area — where militant groups, including al-Qaida and the Islamic State group, are also active — is not accessible to the media and the Associated Press could not independently confirm any of the casualty reports.

Afghanistan’s Defense Ministry said Wednesday that its forces had killed or wounded dozens more enemy soldiers as the cross-border fighting continued. On Tuesday, the ministry said Afghan forces had killed 150 Pakistani soldiers over the previous five days, while 28 Afghan troops were killed in the same period.

Pakistan’s Information Minister Attaullah Tarar said Wednesday that 481 Afghan troops had been killed in the past six days. The conflicting reports could not be reconciled.

Pakistan has warned that its military operations will continue until Afghanistan takes verifiable steps to rein in Pakistani Taliban, also known as Tehrik-e-Taliban Pakistan or TTP, and other militants operating from its territory.

Pakistan has repeatedly accused Kabul of harboring the TTP, a militant group responsible for a surge in attacks inside Pakistan since 2021 when the Afghan Taliban returned to power in Afghanistan. Kabul denies the charge, insisting it does not allow its territory to be used against other countries.

Fraser reported from Ankara, Turkey. Associated Press writer Abdul Qahar Afghan in Kabul, Afghanistan, contributed to this report.

Enayatullah Khowarazmi , left, spokesman of the Defence Ministry, and Hamdullah Fitrat ,deputy spokesman for the Islamic Emirate of Afghanistan speak during a press conference in Kabul, Afghanistan, Tuesday, March 3, 2026.(AP Photo/Siddiqullah Alizai)

Enayatullah Khowarazmi , left, spokesman of the Defence Ministry, and Hamdullah Fitrat ,deputy spokesman for the Islamic Emirate of Afghanistan speak during a press conference in Kabul, Afghanistan, Tuesday, March 3, 2026.(AP Photo/Siddiqullah Alizai)

Trucks are parked along roadside following cross-border clashes between Pakistan and Afghan forces, at near Torkham border crossing point, Pakistan, Saturday, Feb. 28, 2026. (AP Photo/Maaz Awan)

Trucks are parked along roadside following cross-border clashes between Pakistan and Afghan forces, at near Torkham border crossing point, Pakistan, Saturday, Feb. 28, 2026. (AP Photo/Maaz Awan)

A man inspects a building damaged after a Pakistani strike in on a refugee camp in Takhta Pul district, Kandahar province, Afghanistan, Saturday, Feb. 28, 2026. (AP Photo/Sibghatullah)

A man inspects a building damaged after a Pakistani strike in on a refugee camp in Takhta Pul district, Kandahar province, Afghanistan, Saturday, Feb. 28, 2026. (AP Photo/Sibghatullah)

Enayatullah Khowarazmi , left, spokesman of the Defence Ministry, and Hamdullah Fitrat ,deputy spokesman for the Islamic Emirate of Afghanistan speak during a press conference in Kabul, Afghanistan, Tuesday, March 3, 2026.(AP Photo/Siddiqullah Alizai)

Enayatullah Khowarazmi , left, spokesman of the Defence Ministry, and Hamdullah Fitrat ,deputy spokesman for the Islamic Emirate of Afghanistan speak during a press conference in Kabul, Afghanistan, Tuesday, March 3, 2026.(AP Photo/Siddiqullah Alizai)

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