On January 27, Reuters reported that recent history between the United States and Venezuela is marked by strained diplomatic relations, sanctions, and allegations of criminal activities and coup attempts.
During his first term, U.S. President Donald Trump implemented a "maximum pressure" sanctions strategy against President Nicolas Maduro. Trump referred to Maduro during the 2024 U.S. election campaign.
Former U.S. President Joe Biden's administration reinstated wide-ranging oil sanctions in April after Maduro allegedly failed to deliver on promises for a fair election. Additionally, targeted sanctions were imposed on numerous officials, urging for the capture or conviction of leaders, including Maduro.
Maduro's government consistently rejects U.S. and international sanctions, labeling them as illegitimate measures meant to wage an "economic war" on Venezuela.
Notable figures in the Trump administration, such as Secretary of State Marco Rubio and envoy for special missions Richard Grenell, have been influential in shaping U.S. policy towards Maduro and Venezuela.
In terms of oil operations, the Trump administration is reconsidering a license that has permitted U.S. oil company Chevron to expand operations in Venezuela to recover debts owed by the country. This review may result in amendments or termination of Chevron's license.
The Biden administration, mirroring previous U.S. positions, declared support for democratic elections in Venezuela. Following disputed July 2024 election results, the Biden administration recognized opposition leader Gonzalez as the president-elect.
Opposition leaders in Venezuela have been lobbying U.S. officials to increase pressure on Maduro for a political transition, with Rubio endorsing Gonzalez as "Venezuela's rightful president."
The text also discusses potential deportations from the U.S., including Venezuelans, as well as legal cooperation between the U.S. and Venezuela related to criminal activities. Additionally, it outlines an auction of shares in Citgo Petroleum to settle claims for debt defaults and expropriations by Venezuela and its state-owned oil firm.