Market Flux Event
US Treasury Removes Sanctions on Venezuelan National Assembly President Jorge Rodriguez
Read this in the Market Flux appThe US Treasury Department lifted sanctions on Jorge Rodriguez, the president of Venezuela's National Assembly, on October 14, removing him from the Office of Foreign Assets Control's sanctions list. Rodriguez is the brother of Venezuela's acting President Delcy Rodriguez, who had her own sanctions lifted earlier in 2026 following the US military capture of former President Nicolas Maduro.
The move is the latest step in a broader thaw between Washington and Caracas that has unfolded since Maduro's capture. Prior US actions in the same diplomatic track included lifting sanctions on Delcy Rodriguez and easing restrictions on Venezuelan bank transactions to support the country's oil sector and stabilize its new government.
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Sources
- Zerohedge*TREASURY LIFTS SANCTIONS ON VENEZUELAN NATIONAL ASSEMBLY LEADER
- FirstSquawkUS TREASURY LIFTS SANCTIONS ON VENEZUELAN NATIONAL ASSEMBLY LEADER
- CablefxmacroπΊπΈπ»πͺβοΈ*TREASURY LIFTS SANCTIONS ON VENEZUELAN NATIONAL ASSEMBLY
- StaunovoUS lifts sanctions on head of Venezuela legislature
- ReutersUS lifts sanctions on head of Venezuela legislature