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Venezuela Defends Oil Expansion at COP31

Venezuela told the COP31 climate conference that it maintains a sovereign right to develop its oil industry. Acting President Delcy Rodriguez argued that economic growth and environmental protection can happen together while addressing delegates in Turkey.

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FILE PHOTO: Venezuela's acting President Delcy Rodriguez shows a graphic of the country's economic growth according to the Economic Commission for Latin America and the Caribbean (ECLAC) during the Coindustria Congress in Caracas, Venezuela, November 3, 2026. REUTERS/Fausto Torrealba/File Photo

Venezuela defended its sovereign right to expand oil output at the COP31 climate conference on Thursday, clashing with global ambitions to phase out fossil fuels.