Just weeks after U.S. special forces snatched Nicolás Maduro from Caracas, the political landscape of Venezuela has mutated. Instead of the expected democratic transition led by María Corina Machado, the world is witnessing the rise of a “client state” model.

Acting President Delcy Rodríguez has dropped the “anti-imperialist” rhetoric of the Maduro era, inviting the U.S. to “work together on an agenda of cooperation.” For the Trump administration, the math is simple: the Rodríguez siblings can deliver the oil and control the military, something the opposition currently cannot guarantee.

What to Watch:

• Oil Production: Will Halliburton and other U.S. firms see immediate reinvestment?
• Political Prisoners: Delcy has promised releases, but at a “strict” and controlled pace.
• The Machado Meeting: Was the Nobel Laureate’s White House visit a mere “parting gift” before the U.S. fully commits to the Rodríguez administration?

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