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U.S. Halts Planned Second Strike on Venezuela as Caracas Frees Detainees and Oil Push Stalls

Major oil companies voice skepticism about rapid investments promised by Trump.

Overview

  • President Trump said he canceled a planned second wave of attacks on Venezuela, citing cooperation from Caracas and the release of political prisoners, while keeping U.S. naval assets in place for security.
  • Venezuelan authorities announced a first wave of releases that included lawyer Rocío San Miguel and former presidential candidate Enrique Márquez, with Spain confirming five of its citizens were freed.
  • At a White House meeting, Trump promoted a $100 billion push to rebuild Venezuela’s oil sector, but major producers withheld commitments and pointed to the need for security guarantees and legal reforms.
  • U.S. diplomats arrived in Caracas as Venezuela began an exploratory process to restore relations, and interim leader Delcy Rodríguez stated the country is not subordinate to Washington.
  • Nicolás Maduro remains in U.S. custody after pleading not guilty with a March court hearing scheduled, and Venezuelan officials allege roughly 100 deaths in the U.S. raid, a toll not independently verified.