US Operation in Venezuela Raises Questions on Global Oil Prices and Supply
1 day agoBusiness
43LENS
3 SourcesVenezuela
TBNthebalanced.news
US Operation in Venezuela Raises Questions on Global Oil Prices and Supply

Following a US operation to capture President Nicolas Maduro, global oil markets are closely monitoring Venezuela's oil sector. Despite holding vast reserves, Venezuela's oil exports have been limited by US sanctions, keeping international prices steady around $60 a barrel. US President Trump indicated strong American involvement in Venezuela's oil industry. The state-run PDVSA reported normal production and refining operations, with key facilities undamaged, though the port of La Guaira sustained damage. Previous US actions, including blockades and cargo seizures, had previously led to increased inventories and slowed deliveries.

Political Bias
25%46%29%
Sentiment
45%