Delcy Rodríguez assumed Venezuela’s acting presidency in early January 2026 after U.S. forces captured Nicolás Maduro, with the Supreme Court and military endorsing her transition to maintain continuity. As of mid-June 2026 she continues in the role, advancing oil-sector investment, sanctions relief, and security cooperation with Washington while consolidating Chavista institutions and delaying elections. Key stabilizers include military backing, tactical U.S. engagement on energy and migration, and her brother’s control of the National Assembly. Countervailing pressures stem from opposition figures seeking broader transition talks, constitutional requirements for elections, and the three-phase U.S. stabilization plan that envisions eventual power transfer. No firm timeline for her removal has materialized, leaving trader assessments focused on near-term diplomatic and electoral signals.