US Ousts Maduro, Seizes Venezuela Oil
Analysis based on 6 articles · First reported Jan 03, 2026 · Last updated Jan 04, 2026
The event is expected to have a significant impact on global oil markets due to the United States' stated intention to exploit Venezuela's vast oil reserves. This could lead to increased supply and potentially lower oil prices, while also creating geopolitical instability in the region.
The United States launched a military operation to remove Venezuelan leader Nicolás Maduro from power, culminating in his capture and indictment on narco-terrorism charges. President Donald Trump announced plans for the United States to temporarily run Venezuela and exploit its oil reserves. The operation, which involved explosions and low-flying aircraft in Caracas, was part of a monthslong pressure campaign by the Trump administration. Legal experts and some members of the United States have raised concerns about the legality of the operation, which was conducted without congressional approval. Venezuela's Vice President Delcy Rodríguez demanded Nicolás Maduro's release and refused to assume power, while protests both for and against Nicolás Maduro erupted in Venezuela and among Venezuelan communities abroad. The International — United Nations Security Council is scheduled to discuss the United States' actions.
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