In a strategic move, Venezuelan Vice President Delcy Rodríguez met with Repsol executives to emphasize the exclusion of oil from any potential diplomatic reprisals against Spain.

This meeting comes amid heightened tensions between Venezuela and Spain, following remarks by Spanish Defense Minister Margarita Robles, who labeled the Maduro regime a dictatorship.

Despite the diplomatic strain, Venezuela seeks to reassure Repsol, a key player in its oil industry, of continued cooperation.

Repsol, operating in Venezuela since 1993, remains crucial for the country's oil exports, especially as it navigates U.

S. sanctions.

The Venezuelan government aims to maintain economic ties, particularly in the energy sector, despite political disagreements.

This diplomatic balancing act highlights the importance of oil in Venezuela's international relations strategy.