This article will discuss Iran’s relations with Latin America,particularly Venezuela. The study will be conducted from thecommercial-economic, political-diplomatic and cultural levels.Venezuela is a key international player for Iran as its mainally in the Latin American scene, a region in which it’s interestedin adding other partners, such as Ecuador, Bolivia and Brazil.The article will also address the joint between the bilateralrelationships with the respective regional policies (triangulations).The policies of the U.S. and Israel will be explored, since theyare key actors in the foreign policy of both countries. While therelationship between Venezuela and Iran on oil is several decades,the novelty of the present context is that such a linkagewas extended beyond the framework of OPEC.The agreements provide for joint projects to develop in differentareas such as basic industries, mining, agriculture and land,energy and oil, science and technology as well as consular andpolitical aspects. Currently it is estimated that there have beenmore than 192 joint projects.