U.S. intelligence suggested María Corina Machado, Venezuela’s opposition leader, would struggle to lead the government. But her relationship with Trump officials had been souring for months.
The opposition leader María Corina Machado and her surrogate presidential candidate, Edmundo González, at a rally in Caracas, the Venezuelan capital, in 2024.
Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.
Nicolás Maduro balked at a gilded exile. U.S. officials then saw a more pliant option in his vice president, Delcy Rodríguez, known for stabilizing Venezuela’s economy.