Jan 15, 2026 — Russia Leverages Venezuela to Expand Influence in Western Hemisphere: The article argues that Russia condemned the U.S. capture of Nicolás Maduro but avoided substantive retaliation, reflecting both its limited capacity and competing priorities. Despite this restraint, Venezuela remains strategically valuable to Moscow as a platform for projecting influence beyond Cuba, gaining access to major oil reserves, and sustaining an anti-Western geopolitical alignment. Economically, Russian state-linked energy firms have secured stakes in Venezuelan oil projects and loan-for-oil repayment arrangements, allowing Moscow to convert political backing into physical crude flows and long-term leverage. Financial cooperation and joint ventures, alongside Venezuela’s cryptocurrency experiment (the “petro”), provided testing grounds for sanctions-evasion mechanisms and alternative payment systems later studied or adapted by Russia. Security and influence efforts extend through arms transfers, military cooperation, and information partnerships via outlets such as RT en Español, which broaden Russia’s narrative reach across Latin America. However, the article notes that Russia’s investments face limited financial returns and increasing vulnerability due to U.S. sanctions and political pressure, meaning Moscow’s engagement is driven more by geopolitical signaling and strategic positioning than by clear economic gains.
Sergey Sukhankin Jamestown
Jan 10, 2026 — Russia and Venezuela discuss military cooperation: Major General Alexei Orehkov, head of Russia's Directorate for International Military Cooperation, and Venezuela's military attache discussed: developing military and military-technical cooperation; greater cooperation between both military departments; reaffirmed mutual commitment to consistent contact; cooperation will be developed based on previous bilateral agreements; and Venezuela emphasized its right to self-defense (referring to the U.S. extraction of Maduro).
Prensa
Nov 28, 2025 — Venezuela and Russia Sign 42 New Agreements: At the 19th Russia–Venezuela High-Level Intergovernmental Commission, both countries signed 42 cooperation agreements spanning energy, mining, finance, health, trade, and cultural sectors, underscoring the breadth of their strategic partnership. In energy, Venezuela extended by 15 years its alliances with Russian-linked oil joint ventures such as Petroperijá and Petroboquerón, reinforcing long-term hydrocarbon collaboration and production stability. Financial cooperation advanced through continued use of Russia’s MIR payment cards by Russian tourists in Venezuela, with plans underway to allow Venezuelans to use the system in Russia—an effort to expand alternative payment channels amid sanctions pressures. The agreements also included cooperation on strategic minerals and exploration in Venezuela’s Mining Arc, one of the world’s richest zones for gold and diamonds, highlighting Moscow’s interest in resource access. Beyond extractive sectors, the partnership broadened to economic and technological areas: joint initiatives in cocoa and seafood trade, medical cooperation including a Russian-led cancer vaccine protocol, and technology transfer enabling domestic insulin production by 2026. Cultural, sports, and broader trade protocols further institutionalized bilateral engagement. Overall, the agreements reflect a multidimensional alliance aimed at deepening economic integration, sanctions resilience, and long-term strategic coordination.
Orinoco Tribune
Oct 1, 2025 — Putin Ratifies Russia–Venezuela Strategic Partnership Treaty to Deepen Economic and Military Ties: In October 2025, Putin ratified a Russia–Venezuela strategic partnership treaty committing both states to oppose Western sanctions, expand oil trade, jointly develop new oil and gas fields, and boost output from existing projects. The agreement also calls for cooperation in electric power infrastructure and capacity and supports creating an independent bilateral financial system. Venezuela continues to operate Russian Su-30MK2 fighter jets acquired in the 2000s, and U.S. concerns persist over potential deployment of Russian Kh-31 anti-ship missiles, underscoring the treaty’s energy, financial, and defense implications.
Dariia Mykhailenko United24
Nov 7, 2024 — Venezuela Signs Defense, Energy Deals With Russia: In November 2024, Venezuela and Russia signed 17 agreements covering defense, intelligence, and energy cooperation during a high-level visit to Caracas. The deals included collaboration on intelligence-gathering, counter-espionage, drone use, and petroleum exploration technology, alongside potential Russian provision of advanced military equipment to Venezuela’s armed forces. Maduro said the agreements would deepen bilateral cooperation through 2030 and beyond. The accords reinforced Moscow’s political backing of Maduro and expanded security and energy ties, reflecting a broader effort to consolidate a long-term strategic partnership amid sanctions and geopolitical alignment
Barrons
Jan 13, 2026 — China-Venezuela Fact Sheet: A Short Primer on the Relationship: Venezuela has been one of China’s closest partners in Latin America; Beijing has developed deep economic ties with Venezuela over the last 20 years (through loans and purchases of Venezuelan oil); and Venezuela is the largest purchaser of Chinese military equipment in Latin America. Also, a snapshot of Venezuela-China cooperation related to investment, debt, oil, sanctions, and military cooperation.
Joseph Federici, Nicole Morgret, Benton Gordon, Graham Ayres U.S.-China Economic and Security Review Commission
Jan 23, 2026 — How China’s oil-backed lending in Venezuela fell into distress—and what might come next: China’s oil-backed lending involves 3 elements: a Chinese policy bank to loan the money, a commodity purchase contract requiring the borrower to sell commodities (sometimes at a pre-agreed price or quantity) to a purchaser in China, and a repayment channel that directs commodity sale proceeds toward debt service. Moreover, it i ncludes graphics on China’s “collaterized, commodity-backed lending,” the top recipients of China’s oil-backed loan commitments from 2000-2023, and four-party agreement and cash-flow controls in the Joint China-Venezuela Fund as well as its timeline.
Oshin Pandey, Pavan Raghavendra AidData
Apr 12, 2022 — China's Growing Influence in Latin America: Venezuela is the largest borrower, receiving nearly $60 billion worth of Chinese state loans, mostly in the energy and infrastructure sectors (that amount nearly double that of the second largest borrower, Brazil), and Venezuela is China’s comprehensive strategic partner. Also, Venezuela is the region’s top buyer of Chinese military hardware after the U.S. banned all commercial arms sales to Venezuela in 2006, and stated the argument that President Trump’s hard-lined approach drove authoritarian regimes (Venezuela, Cuba, and Nicaragua) closer to China.
Diana Roy Council on Foreign Relations
Dec 17, 2025 — China-Venezuela Relations: Prior to Maduro’s extraction, Chinese Foreign Minister Wang Yi pledged support for Venezuelan sovereignty and economic autonomy; China replaced U.S. as #1 trading partner in 2019; China is an eessential telecommunications, infrastructure, and transportation provider; 85% of total Venezuelan crude production is intended for Chinese refineries, Venezuela’s top exports are petroleum coke, iron ore, and acrylic alcohols; and aspires to replicate China’s Shenzhen SEZ Model and industrial success.
Beyond the Horizon
Feb 16, 2024 — China-Latin America Space Cooperation: An Overview: PRC-military-affiliated Great Wall Industrial Corporation (GWIC) built and launched the Venesat-1 communications relay satellite under a $405 million contract mainly funded by Chinese funds- however lost the satellite in 2020. The PRC has trained at least 150 Venezuelan space personnel and built two ground control facilities: the El Sombrero tracking station at the Manuel Rios airbase and the Luepa backup facility at Fort Manikuyá.
Evan Ellis The Diplomat
Jan 30, 2024 — China’s space diplomacy in Latin America: Partners for its Lunar station: Venezuela was the first country to sign a cooperation protocol in relation with the Chinese Lunar station; Venezuela’s Venesat 1 communications satellite was made and launched by China; the VRSS 1 remote sensing craft was made and launched in China as well (in 2012). Venezuela was the first to join the International Lunar Research Station (ILRS), an alternative to the Western-led Artemis Accords; Bolivarian Agency for Space Activities (ABAE) is Venezuela’s national space agency and agreed with the China National Space Administration (CNSA) in July 2023 to in-depth cooperation in “demonstration, engineering implementation, operation and application of the ILRS.”
Teresa Carrelli Palombi Universidad de Navarra
Jun 11, 2022 — Iran, Venezuela sign 20-year cooperation plan during Maduro visit: Iran and Venezuela signed a 20-year “cooperation road map” that formalizes their strategic partnership across energy, trade, agriculture, science, and tourism. Both governments framed the agreement as a long-term mechanism for jointly resisting U.S. sanctions, elevating the relationship to a “strategic” level and positioning their cooperation as part of a broader anti-imperialist alignment. Furthermore, m aduro announced the launch of a direct flight route between Tehran and Caracas, scheduled to begin July 18, as part of the broader cooperation roadmap. This air corridor is intended to facilitate the movement of officials, technical personnel, and commercial delegations while also promoting tourism between the two sanctioned states.
Maziar Motamedi Aljazeera
Jun 1, 2023 — Iran’ Re-engagement with Latin America: Following a period of reduced visibility under former President Hassan Rouhani, Iran re- activated its Latin America portfolio around 2020. This surge coincided with increased Iran– U.S. tensions after the U.S. withdrawal from the JCPOA in 2018, prompting Iran to seek alternative partners and political space in the Western Hemisphere. Also, b etween 2021 and 2023, Iran supplied Venezuela with Zolfaghar-class boats, Nasr-1 anti-ship missiles, and additional drones, including systems used by Venezuelan forces in operations against FARC dissidents in Apure in 2022. Iran also began training Venezuelan naval special forces in underwater demolition at Bandar Abbas.
Evan Ellis Atalayar
May 17, 2022 — Iran and Venezuela sign agreement to recover El Palito refinery: In May 2022, Iran’s National Iranian Oil Engineering and Construction Company signed a €110 million contract with Venezuela’s state oil firm PDVSA to repair, commission, and restore the El Palito refinery, which has a capacity of approximately 146,000 barrels per day. Under the agreement, Naftiran Intertrade Company will finance the project and supply
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