If the U.S. can exert control over Venezuela's leadership and energy sector, the long-term implications could be substantial.
Under the president's version of the Monroe Doctrine, commerce and resources drive U.S. strategic intervention. Is Greenland next?
What is crude oil going to do after action in Venezuela? So far, not too much.
January 3 showed that 2026 might inaugurate a new era of resource wars as the U.S. Armed Forces executed a daring raid against one of the most oil-rich countries in the world.
Sanctions and fracking have changed the market.
Oil prices slipped as global markets and U.S. futures assessed the U.S. arrest of Venezuela President Nicolas Maduro and President Trump's promise to open up the country's oil reserves.
Crude prices fell on Monday after the U.S. ousted Venezuelan leader Nicolas Maduro over the weekend and said it would take control of the oil-producing nation.
Geopolitical tensions and OPEC+ discipline keep oil supported near $60 as natural gas tests $3.45 support, with weak RSI signaling volatility ahead.
President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela's energy infrastructure after the capture of Nicolás Maduro, the country's former leader. The nation has the world's largest oil reserves, but output plummeted during Maduro's 12-year term.
Saul Kavonic, Head of Energy Research at MST Marquee, explains the different factors keeping oil prices in balance despite the dramatic US moves on Venezuela. He says Venezuela is an important source of supply for medium and sour crude, especially for US refiners.
Maduro's arrest raises fresh uncertainty over who controls Venezuela's oil and how exports are managed. Chevron is best positioned if sanctions ease, but reviving production would take years and billions.
A muted price move reflects expectations that significant obstacles remain before Venezuelan oil is flowing more freely.