Guillermo Zubillaga, head of AS/COA's Venezuela Working Group, spoke to Yahoo Finance about the different approaches interim President of Venezuela Juan Guaidó can take in to undermine Nicolás Maduro's regime. He underscored how Venezuela's only revenue at the moment comes from oil, in particular from exports to the United States. Zubillaga noted, "If Guaidó's new government is able to disrupt [oil revenues], that would be more powerful than a weapon." He also commented on the Maduro regime's use of counterintelligence and torture to make sure members of the military stay within the ranks to support Maduro.

"It’s not up to him at this point. It’s up to his backbone, and that is the military," Guillermo Zubillaga, head of AS/COA's Venezuela Working Group, told CTV News regarding if Venezuela's Nicolás Maduro will relinquish the presidency.

As the head of the country's National Assembly, Congressman Juan Guaidó administered the oath of office to himself to become interim president on January 23. Zubillaga said it is "beyond symbolic" that nearly the entire Western Hemisphere has officially recognized him as Veneuzela's democratic leader. Zubillaga further explained how the military will play a key role in any transition.