Oxford Economics cuts Venezuela’s 2026 growth forecast to 6.3%

The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]

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Oil Prices rise amid tensions between Iran and U.S.

The Daily Journal.- Oil prices rose on Tuesday as negotiations between Iran and the United States to reopen the Strait of Hormuz remained stalled, fueling uncertainty over potential supply shortages in the Middle East. In that context, Brent crude, the benchmark for European markets, reached $90.03 per barrel, climbing 2.6% to its highest level since […]

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Oil prices rise amid uncertainty over Strait of Hormuz agreement

The Daily Journal.- Oil prices rose on Friday amid growing uncertainty over a potential agreement between Iran and Oman to reopen the Strait of Hormuz. The market, which had hoped for an imminent solution earlier in the week, turned nervous again after Tehran signaled its intention to ban U.S. and Israeli vessels from passing through […]

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No shortcuts, no illusions: the political game returns to the negotiating table

By José Gregorio Yépez A new round of talks between the opposition and the government is about to begin. What can we expect? Judging by what Dinorah Figuera said over the weekend, this new dialogue seemed to begin with a phone call. Yet Jorge Rodríguez’s August 1 statement made one thing unmistakably clear: the talks […]

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U.S. Embassy backs talks and agenda promoted by the Secretary of State

The Daily Journal – The U.S. Embassy released an official statement on Thursday welcoming the arrival in Caracas of the 2015 Venezuelan National Assembly delegation, led by Dinorah Figuera, to begin direct, in-person talks with Venezuela’s interim government. Through the diplomatic mission, the U.S. administration described the meeting as a strategic opportunity to advance the […]

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Dinorah Figuera arrives in Venezuela to resume negotiations with Jorge Rodríguez

The Daily Journal.— Following the suspension of talks on Aug. 1, 2015, National Assembly President Dinorah Figuera arrived in Venezuela through General José Antonio Anzoátegui International Airport in Barcelona to resume dialogue with Jorge Rodríguez. Accompanied by a parliamentary delegation, Figuera said she takes on the process with “great expectations” and reaffirmed her commitment to […]

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What will happen to Venezuela’s funds frozen abroad?

The Daily Journal.— Following the events of January 3, 2026, and amid changing relations between Venezuela and the United States, the fate of Venezuelan state funds frozen abroad has once again become a major issue. According to Bloomberg, Washington is considering a partial release of frozen assets, estimated at between $20 billion and $30 billion, […]

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Trump praises Chevron’s return to Venezuela and predicts major profits

The Daily Journal — U.S. President Donald Trump praised Chevron’s return to Venezuela and said the American oil company now operates in the country “much bigger and stronger than ever,” with expectations of generating substantial profits. He credited his administration’s policies for the company’s performance. “They threw Mike and Chevron out of Venezuela, but now […]

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