Venezuela embarks on $150 billion restructuring of debt amid political turmoil

Venezuela's interim President Delcy Rodriguez speaks during a press conference after a signing of an agreement ceremony between Chevron Venezuela and the national government at the Miraflores Palace in Caracas on April 13, 2026. Venezuela's interim president, Delcy Rodriguez, praised on April 13 the progress made in the oil sector regarding foreign investment as part of the signing of agreements with the U.S. giant Chevron to increase crude oil production. …