US–Venezuela Crisis and Its Regional Consequences

Description

The relationship between the United States and Venezuela has entered a renewed period of strain, shaped by recent security incidents, escalating political rhetoric, and heightened international attention. These developments are unfolding against the backdrop of Venezuela’s prolonged economic contraction, institutional erosion, and humanitarian crisis, all of which have weakened state capacity and deepened social vulnerability.

Speakers

Jeremy McDermott

Co-founder and Co-director, InSight Crime

Andrew Selee

President, Migration Policy Institute (MPI)

Francisco J. Monaldi

Director, Latin America Energy Program, Baker Institute, Rice University

Guided Questions

Jeremy McDermott

Based on your experience analyzing state fragility and illicit networks, what risks do policymakers face when security concerns become more prominent in U.S.–Venezuela relations, and how can those risks be managed without further destabilizing already-fragile governance structures?

Andrew Selee

Given your research on migration policy in the Americas, how do shifts in U.S.–Venezuela relations—such as changes in sanctions, diplomatic engagement, or rhetoric—translate into migration pressures both toward the United States and across the broader region?

Francisco J. Monaldi

Drawing on your expertise in Venezuelan energy policy, how do current U.S.–Venezuela tensions shape the outlook for Venezuela’s oil sector, and what constraints—beyond sanctions alone—most limit its ability to support economic stabilization?