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Venezuela's Rodriguez proposes oil reform to facilitate US investment

ReutersJan 15, 2026 8:52 PM

- Venezuela's interim President Delcy Rodriguez said on Thursday that she was submitting a proposal to reform the country's hydrocarbon law, as investors in the U.S. push for easier access to the South American country's oil industry.

Speaking in an address to the nation, Rodriguez said the reforms would "allow these investment flows to be incorporated into new fields, fields where no investment has ever been made and into fields where there is no infrastructure."

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