US Energy Secretary Chris Wright is in Caracas for high-level talks with Venezuela's acting President Delcy Rodríguez as part of Washington's push to revitalize the country's struggling oil sector. The meeting marks a significant diplomatic engagement between the two nations, with Wright also scheduled to meet with Venezuelan oil producers and government officials.

The visit comes as the US seeks to stabilize global oil markets and potentially increase Venezuelan crude exports. Venezuela possesses some of the world's largest oil reserves but has seen production plummet due to years of underinvestment and US sanctions. The talks signal a possible shift in US policy toward Venezuela's energy sector.

Bloomberg's Annmarie Hordern is traveling with the delegation, providing real-time coverage of the discussions. The outcome of these meetings could have substantial implications for global energy markets and US-Venezuela relations. Any potential easing of sanctions or investment commitments would require careful navigation of ongoing political tensions between Washington and Caracas.