National Assembly of Venezuela

The National Assembly of Venezuela is the country's legislative branch. Recent news highlights its role in a period of significant political and economic transition. The Assembly recently approved a sweeping overhaul of the oil sector, reportedly aimed at improving conditions for foreign oil companies and potentially reducing their taxes. This move comes amid pressure from the Trump administration. Furthermore, Jorge Rodríguez, the head of the National Assembly and brother of the interim leader, announced the release of political prisoners from two prisons. This action is seen as a potential gesture of change following the United States' capture of President Nicolás Maduro and its stated intention to control the country. The Assembly's actions are therefore relevant as indicators of the direction Venezuela is taking under its new leadership and external pressures.