India, Jan. 5 -- The sudden January 2026 US military action against Venezuela marks a major geopolitical escalation. The capture of President Nicolas Maduro triggered intense fighting, global criticism, and diplomatic unease. The episode has heightened regional instability in Latin America while raising serious concerns over sovereignty, international law, and broader implications for energy markets and global power dynamics.
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According to Jefferies, despite holding nearly 18% of global proven oil reserves, Venezuela contributes less than 1% to global crude supply, with output below 1 million bpd. Hence, even a potential US takeover of oil assets is unlikely to materially impact crude prices in the near term, limitin...
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