Delcy Rodríguez, installed as acting president after Nicolás Maduro’s removal by U.S. forces in early 2026, has stated that a presidential election will occur only “when Venezuela is ready,” with no timeline provided as of early September. Government and opposition talks launched in July under U.S. facilitation focus on electoral council and court reforms, voter registry updates, and institutional guarantees, yet key opposition figure María Corina Machado remains excluded and analysts such as John Magdaleno assess a vote before late 2027 or 2028 as politically unfeasible. Ongoing stabilization priorities after June earthquakes, constitutional six-year term rules pointing to 2030, and the absence of an official CNE call continue to anchor trader expectations for delayed scheduling.