January 6, 2026 12:13 PM

Global oil markets show muted reaction to Venezuela political upheaval

Two days after U.S. forces captured Venezuelan President Nicolás Maduro in a surprise operation in Caracas, global energy markets opened to cautious trading, with oil prices showing only modest movement despite the geopolitical shock. Futures briefly firmed in Asian trade on Monday, but analysts said the muted reaction reflected Venezuela’s sharply diminished output, now below one million barrels per day, and a market already weighed down by surplus supply and weak demand. The developments co...

November 30, 2025 9:26 AM

Trump says Venezuelan airspace should be considered closed

U.S. President Donald Trump said on Saturday the airspace above and surrounding Venezuela should be considered "closed in its entirety," but gave no further details, stirring anxiety and confusion in Caracas as his administration ramps up pressure on President Nicolas Maduro's government. "To all Airlines, Pilots, Drug Dealers, and Human Traffickers, please consider THE AIRSPACE ABOVE AND SURROUNDING VENEZUELA TO BE CLOSED IN ITS ENTIRETY," Trump said in a Truth Social post. U.S. officials con...

November 17, 2025 9:19 AM

Trump says US may open talks with Venezuela’s Maduro

President Donald Trump said on Sunday that the United States may open talks with Venezuelan President Nicolas Maduro, who faces escalating pressure from Washington amid a massive U.S. military buildup in the Caribbean. It was one of the first signs of a possible path toward defusing an increasingly tense situation in the region as the U.S. wages a campaign of deadly strikes against suspected drug trafficking boats off the Venezuelan coast and in the eastern Pacific Ocean. "We may be having som...