Overall Highlights

• Venezuela has approved a new oil reform aimed at attracting private investment, aligning with U.S. interests.
• The U.S. has eased sanctions on Venezuela’s oil sector, allowing for increased foreign investment and operations.
• The changes in both countries’ policies signal a potential thaw in relations following years of tension.
• Venezuelan media emphasizes the government’s proactive steps to revitalize its oil industry, while U.S. media focuses on the strategic implications of these changes for oil prices and geopolitical dynamics.
• There are mixed reactions regarding the implications of these reforms for Venezuela’s political landscape and economic recovery.

Venezuelan Perspective (Venezuelan Sources)

• Venezuela has enacted a new oil reform to attract private investment, reflecting a shift towards more open economic policies.
• The government claims that the U.S. lifting of the oil embargo will significantly benefit the Venezuelan economy.
• Local sources highlight the urgency of revitalizing the oil sector, which has been in decline for years due to mismanagement and sanctions.
• The reforms are seen as a necessary step to stabilize the economy and improve living conditions for Venezuelans.

United States Perspective (United States Sources)

• The U.S. has eased sanctions on Venezuela’s oil industry, allowing companies to operate more freely in the country.
• U.S. media reports suggest that these sanctions adjustments are strategic, aimed at stabilizing oil prices amid global market fluctuations.
• There is concern about the implications of these changes for U.S. foreign policy and its stance on authoritarian regimes.
• The easing of sanctions is viewed as a response to the recent capture of Maduro, indicating a potential shift in U.S. strategy towards Venezuela.

Sources

This summary is based on 20 articles from the following sources:

1. [es-VE] Venezuela aprueba reforma petrolera afín a Estados Unidos para atraer inversión privada - Noticias Caracol (1/30/2026)
2. [es-VE] El gobierno de Delcy Rodríguez reformó la Ley de Hidrocarburos y Estados Unidos levantó el embargo sobre el petróleo de Venezuela - Clarin.com (1/30/2026)
3. [es-VE] Venezuela aprueba reforma petrolera para inversión privada - dw.com (1/30/2026)
4. [es-VE] Venezuela aprobó reforma petrolera avalada por Estados Unidos: ¿en qué consiste? - Gestión (1/30/2026)
5. [es-VE] EE.UU. flexibiliza sanciones a sector petrolero venezolano - dw.com (1/30/2026)
6. [es-VE] La Asamblea de Venezuela aprueba una nueva ley para transformar su deteriorada industria petrolera con más inversión extranjera - BBC (1/30/2026)
7. [es-VE] Venezuela abre su industria petrolera a la inversión privada, EU suaviza las sanciones - expansion.mx (1/29/2026)
8. [es-VE] Datos: EEUU impone controles y restricciones para flexibilizar sanciones petroleras a Venezuela - Banca y Negocios (1/29/2026)
9. [es-VE] Venezuela, entre el “respiro” y el miedo: estudiantes y medios tantean los límites tras la caída de Maduro - Mnews (1/29/2026)
10. [es-VE] Venezuela y Estados Unidos anuncian reapertura inmediata del espacio aéreo comercial - Noticias24hrs.com.ve (1/29/2026)
11. [en-US] Oil prices fall over 1% as US eases some Venezuela sanctions; OPEC+ meeting on tap - Investing.com (1/30/2026)
12. [en-US] Trump administration eases sanctions on Venezuelan oil industry after Maduro’s capture - Fox News (1/30/2026)
13. [en-US] US eases some sanctions on Venezuelan oil industry - The Straits Times (1/30/2026)
14. [en-US] US moves to reopen Venezuela airspace - gulfnews.com (1/30/2026)
15. [en-US] US Issues License for Oil Companies to Operate in Venezuela - Bloomberg (1/30/2026)
16. [en-US] UPDATE 4-US eases some sanctions on Venezuelan oil industry - Devdiscourse (1/30/2026)
17. [en-US] Trump reopens Venezuelan airspace, eases oil sanctions - The Australian (1/30/2026)
18. [en-US] White House says easing of Venezuela sanctions covers downstream not upstream oil production - marketscreener.com (1/30/2026)
19. [en-US] Venezuelan MPs approve bill to open up oil sector to private firms - BBC (1/30/2026)
20. [en-US] Trump Orders Reopening of Venezuela Airspace, Eases Oil Sanctions - The Wall Street Journal (1/30/2026)