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Energy markets shaken as US ousts Venezuela's Nicolas Maduro

Global energy markets have been thrown into turmoil following the removal of Venezuela's president Nicolas Maduro by United States forces, who also seized control of the country's oil industry. Analysts warn that the sudden halt in Venezuelan oil exports and potential civil unrest could drive up oil prices in the short term, with initial estimates suggesting a rise of up to three dollars per barrel. The situation is further complicated by ongoing unrest in other oil-producing regions, such as Iran, increasing concerns about global supply disruptions.

However, experts note that if a stable, pro-United States government is installed in Venezuela and sanctions are lifted, the country could significantly boost its oil exports. This could eventually lead to lower prices for consumers, as increased Venezuelan output would reduce reliance on Middle Eastern and African imports and potentially create a surplus in the global market. Venezuela holds the world's largest oil reserves but currently exports only a fraction of its potential due to years of mismanagement and sanctions.

Original article source: https://www.dailymail.co.uk/money/markets/article-15431531/Energy-markets-shaken-US-ousts-Venezuelas-Nicolas-Maduro.html
Source Id: 2026-01-940252335

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