The United States and Venezuela have announced the restoration of diplomatic ties, marking a significant thaw in relations following the ousting of former president Nicolás Maduro. The US State Department stated that re-establishing diplomatic and consular relations will support stability, economic recovery, and political reconciliation in Venezuela, with a focus on a phased transition to a democratically elected government.
The announcement came as US Interior Secretary Doug Burgum concluded a two-day visit to Venezuela, part of President Donald Trump’s push for greater access to the country’s mineral wealth. Burgum, who leads the National Energy Dominance Council, said he received assurances from Caracas regarding the security of foreign mining companies. He noted that dozens of firms have expressed interest in investing in Venezuela and predicted the country would surpass its oil and gas production targets in 2026.
Venezuela’s foreign ministry described the renewed ties as “positive and mutually beneficial,” stating it would engage in a new stage of constructive dialogue based on mutual respect and sovereign equality. Burgum’s visit follows that of US Energy Secretary Chris Wright, who advocated for a dramatic increase in Venezuela’s oil output. Both officials’ assessments reflect a sea change in relations since Maduro’s capture in a January 3 bombing raid, after which he was flown to New York for trial on drug trafficking charges.
Venezuela, which holds the world’s largest proven oil reserves, is also rich in gold, diamonds, bauxite, coltan, and other rare minerals. Interim President Delcy Rodríguez, formerly Maduro’s vice-president, has overhauled the state-controlled oil sector to attract private investment and plans to update the mining code. The US now claims effective control over Venezuela’s natural resources following Maduro’s removal.
