Delcy Rodríguez with then Venezuelan President Nicolas Maduro during a rally in Caracas in 2018. Bloomberg
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Moneycontrol06-01-2026, 12:07

Delcy Rodríguez: Global Oil's Choice for Venezuela's New Leader

  • Delcy Rodríguez, Venezuela's former oil minister, is now the country's new leader after Nicolás Maduro's removal.
  • Global oil executives and the Trump administration favored Rodríguez due to her experience navigating sanctions and ability to stabilize Venezuela's oil sector.
  • She is seen as a pragmatic choice to facilitate American business and restore Venezuela's oil production, despite her ties to the Maduro regime.
  • Major oil companies like Chevron, ConocoPhillips, and Shell stand to benefit from a stable oil industry under her leadership.
  • Rodríguez is consolidating power, showing a mix of defiant rhetoric and conciliatory gestures towards the US for cooperation.

Why It Matters: Delcy Rodríguez's rise as Venezuela's leader is driven by global oil interests and US pragmatism for economic stability.

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