US EditionWhat Impact Will the US Attack on Venezuela Have on Oil Prices?
US military strike captures Venezuela’s President Maduro amid maritime oil blockade, causing around 25% drop in Venezuelan production with limited immediate global market impact.
- On Saturday, the United States launched a large-scale strike in Venezuela, and President Donald Trump said it captured President Nicolás Maduro amid a maritime blockade of Venezuelan oil exports.
- Amid the blockade, U.S. officials said the operation targets actors accused of aiding narcotics trafficking, while Venezuela's government alleges the attack aims to seize its oil and minerals.
- Although small in global terms, Venezuela's oil is unusually heavy and hard to replace, producing 1.1 million barrels a day mainly for China and India, with more than 67 per cent heavy crude and a previous production fall of around 25 per cent.
- Analysts cautioned that the immediate market impact appears muted as oil prices edged lower on Friday, the first trading day of 2026, with recent trading around $61.
- Analysts at Kpler say the market may be underpricing risk, with traders eyeing the Sunday night open amid fears escalation involving additional players could raise Venezuela-specific premiums above the $10+/barrel past Iranian strike range.
35 Articles
35 Articles
US-Venezuelan conflict not to impact India's trade: GTRI
New Delhi: The US-Venezuela conflict will have a negligible impact on India’s trade with the South American country, think tank Global Trade Research Initiative (GTRI) said on Sunday. On January 4, American forces carried out a large military operation in Venezuela, capturing President Nicolas Maduro and his wife and taking them to the US to face various charges, including narco-terrorism and drug trafficking. “India faces negligible impact, as …
The military operation that the United States carried out on Saturday in Venezuela and that ended with the arrest of Nicolás Maduro has put the focus on the possible impact on a market of oil and fuels that has been dealing with geopolitical crises of draught for months. The country has the largest proven reserves of 'black gold' of the planet (about 303 billion barrels), but it already represents only 0.8% of the global production of crude oil.…
Oil is the market to watch for how the Venezuela raid will impact everyday Americans
Workers at the Venezuelan state oil company PDVSAAFPVenezuela is now sitting on 303 billion barrels of oil.What happens to that stockpile could impact global crude oil prices.Prolonged fluctuations in oil prices impact what everyday Americans pay at the pump.Following the US assault on Venezuela, all eyes in the market will shift to what that means for the 303 billion barrels of oil the country is sitting on.The price of crude oil will be top of…
Trump says US oil companies will spend the billions needed to restore Venezuela's crude output
PALM BEACH, Florida Jan 3 (Reuters) - President Donald Trump said that American oil companies were prepared to tackle the difficult task of entering Venezuela and investing to restore production in the South American country, an announcement that came just hours after Nicolás Maduro was captured and removed by U.S. forces. Read full story
Times of India
The Economic TimesWill oil, gold, silver and copper prices rise after US attack on Venezuela? Market impact explained
Will oil, gold, silver and copper prices rise after US attack on Venezuela? Markets are tracking the US military action, capture of President Nicolas Maduro and oil policy signals. Experts expect short-term price reactions in commodities.
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