Story
Venezuelan Delegation in US for Talks on Energy, Debt, and Mining, Sources Say

Summary
A high-level Venezuelan delegation led by interim President Delcy Rodriguez is in New York to discuss significant energy, debt, and mining agreements with US counterparts, according to sources familiar with the plans.
A Venezuelan delegation led by interim President Delcy Rodriguez is in the United States to participate in the United Nations General Assembly and hold discussions on energy, debt, and mining with American counterparties, two sources close to the preparations said. The talks are reportedly aimed at securing agreements to help rebuild the South American nation's key industries.
High-Stakes Diplomatic Agenda
Rodriguez arrived in New York on Monday, marking her first trip to the U.S. since taking office in January under Washington's oversight, according to the sources. Her agenda includes a scheduled meeting with UN Secretary-General Antonio Guterres on Monday.
A meeting with U.S. President Donald Trump is also planned for Tuesday on the sidelines of a reception he is hosting, the U.S. Ambassador to the United Nations, Mike Waltz, stated during a recent press briefing. The top U.S. diplomat in Venezuela, John Barrett, received the delegation upon their arrival, Venezuela's state television reported.
Focus on Rebuilding Key Sectors
AdMonths of negotiations have preceded the visit, leading to several preliminary agreements aimed at reviving Venezuela's economy. According to the sources, these recent developments include:
- A memorandum of understanding with U.S. oil producer Continental Resources for an area in Venezuela’s primary oil-producing region, the Orinoco Belt.
- A contract granting U.S. investment firm Heeney Capital operational and export rights for a gold mine.
- Ongoing negotiations with U.S. energy major ExxonMobil that could lead to its return to Venezuela's oilfields.
Separately, the Inter-American Development Bank is drafting a two-year engagement plan for Venezuela, its President Ilan Goldfajn told Reuters. The plan will focus on electricity and social protection, involving missions to assess the country's macroeconomic framework and investment needs.
Read next
More on Commodities
Brazil to Use Uruguay's Unused Beef Export Quota to China, Lula Announces
Brazilian President Luiz Inacio Lula da Silva announced an agreement allowing Brazil to utilize Uruguay's surplus beef export quota for China, a move that could help Brazilian exporters avoid steep tariffs in a critical market.

Global Diesel Prices Hit Record Highs Amid Supply Crunch and Geopolitical Turmoil
Diesel prices in Europe and the United States have surged to all-time highs as conflicts disrupt exports from key producers like Russia and Saudi Arabia, straining global refining capacity and pointing to further price increases.

Trump Withholds Military Support Pledge in Call With Yemeni President, Sources Say
U.S. President Donald Trump reportedly declined to offer direct military assistance to Yemeni President Rashad al-Alimi during a recent phone call concerning advances by Iran-backed Houthi forces near a key global shipping lane.

Soybean and Corn Futures Climb on Hopes for U.S.-China Trade Progress
Agricultural commodity prices rose Monday, with soybeans and corn leading gains as traders anticipated a key meeting between U.S. and Chinese leaders that could boost export demand. Wheat prices also advanced amid renewed geopolitical tensions in the Black Sea region.