Shares of major US companies in the energy sector rose sharply on Monday after President Donald Trump announced plans to take control of Venezuela’s oil industry and said US companies would revive it following President Nicolás Maduro’s takeover.While the US action is unlikely to have an immediate impact on crude oil prices given the current […]
While the arrest of Venezuelan President Nicolas Maduro following US airstrikes marks a seismic geopolitical development, early signals suggest the global oil market will largely adopt the move.Venezuela’s oil infrastructure was not affected after a series of US attacks in Caracas and other states, according to people with knowledge of the matter. Key facilities such […]
TLDR President Trump said the US will sell “large amounts” of Venezuelan oil after capturing President Nicolas Maduro. The US carried out a large-scale military attack in Venezuela on January 3, 2026, capturing Maduro and his wife. Attorney General Pam Bondi announced charges of narcoterrorism and conspiracy to import cocaine against Maduro and Cilia Flores. […]