Following the U.S. capture of Nicolás Maduro in January 2026, Venezuela’s Supreme Court appointed Delcy Rodríguez as acting president under constitutional provisions for temporary succession. She has remained in the role beyond the initial 90-day limit, consolidated authority through military command changes and defense minister replacements, secured U.S. sanctions relief, and advanced diplomatic steps including border talks with Colombia and an appearance at the International Court of Justice. These moves have stabilized her interim position while lawmakers have not advanced a formal extension or transition process. Trader sentiment reflects uncertainty over whether constitutional requirements, internal power shifts, or external pressures will prompt her departure by specific deadlines.