Overview
- President Donald Trump said Venezuela agreed to ship up to 50 million barrels to the United States at market prices and signaled a 30‑day halt to Venezuelan elections while Washington oversees oil proceeds.
- Oil prices fell after a volatile session as analysts cautioned that adding meaningful Venezuelan output will take years and significant investment despite the headline supply pledge.
- Nicolás Maduro pleaded not guilty in a New York federal court and remains held in Brooklyn, with the next hearing set for March 17.
- During Delcy Rodríguez’s swearing‑in as interim leader, authorities detained 14 journalists in Caracas, inspected their equipment and deported one before releasing the others.
- Venezuelan officials confirmed 24 military deaths from the operation, while earlier reporting had cited higher casualty estimates.