Despite holding the world's largest crude oil reserves, Venezuela plays a shrinking role in India's oil imports amid sanctions and collapsing exports
Highlighting the uncertainty surrounding the country's future, he added, "What is less certain is the immediate future of Venezuela"
Deposed Venezuelan President Nicolas Maduro is set to make his first appearance Monday in an American courtroom on the narco-terrorism charges the Trump administration used to justify capturing him and bringing him to New York. Maduro and his wife are expected to appear at noon before a judge for a brief, but required, legal proceeding that will likely kick off a prolonged legal fight over whether he can be put on trial in the US. The couple were transported under armed guard early Monday from the Brooklyn jail where they've been detained to a Manhattan courthouse. The trip was swift. A motorcade carrying Maduro left jail around 7:15 am and made its way to a nearby athletic field, where Maduro slowly made his way to a waiting helicopter. The chopper flew across New York harbour and landed at a Manhattan heliport, where Maduro, limping, was loaded into an armoured vehicle. A few minutes later, the law enforcement caravan was inside a garage at the courthouse complex, just around the
Traders were also keeping a watchful eye on events in Venezuela, after the US raid and capture of President Nicolas Maduro
Trump said he was putting Venezuela under temporary American control and that he could order another strike if Venezuela does not cooperate with US efforts to open up its oil industry
As the Venezuela operation and capture of Nicolas Maduro revives questions over US presidential war powers, a look back at US military invasions since 1950 and how they were authorised
An American military operation in Venezuela killed 32 Cuban officers over the weekend, the Cuban government said Sunday in the first official acknowledgement of the deaths. The Cuban military and police officers were on a mission the Caribbean country's military was carrying out at the request of Venezuela's government, according to a statement read on Cuban state TV on Sunday night. What the Cubans were working on in the South American nation was unclear, but Cuba is a close ally of Venezuela's government has sent military and police forces to assist in operations for years. You know, a lot of Cubans were killed yesterday, US President Donald Trump told reporters aboard Air Force One as he flew Sunday night from Florida back to Washington. There was a lot of death on the other side. No death on our side. Cuba's government announced two days of mourning. Faithful to their responsibilities for security and defence, our compatriots fulfilled their duty with dignity and heroism and f
Analyze how the US capture of President Maduro impacts India's energy security, RIL, ONGC, and the stock market. Get expert views from PL Capital & Choice Equity
Maduro's public dance came shortly after the US carried out a strike on a dock it said was being used for drug trafficking
Maduro Guerra, a lawmaker from La Guaira state and a member of the ruling United Socialist Party of Venezuela (PSUV), said the party would remain united despite the recent developments
Trump told reporters on Sunday that he could order another strike if Venezuela does not cooperate with US efforts to open up its oil industry and stop drug trafficking
US military operation in Venezuela followed months of rising tensions, during which Washington sank more than 30 suspected drug-smuggling vessels since September 2025
After the seizure of Maduro, President Donald Trump said US companies would spend billions of dollars to rebuild Venezuela's crumbling energy infrastructure
Rubio emerged as the administration's chief public voice on Venezuela, laying out hints of strategy after the US swooped into Caracas to remove President Maduro and fly him to New York for trial
US President Donald Trump hinted at possible military action against Colombia after regime change operation in Venezuela, accusing its leadership of drug trafficking
Years of corruption, underinvestment, fires and thefts have left the nation's crude infrastructure in tatters
The remarks followed a late-Saturday post on X by Katie Miller, the wife of Trump deputy chief of staff Stephen Miller, showing Greenland depicted in the colors of the US flag alongside the single-wor
SINGAPORE, Jan 5 (Reuters) - Asian stocks opened higher and oil prices were choppy on Monday as investors looked past U.S. military action over the weekend in Venezuela to prepare for a packed week of economic data releases in the first full trading week of the year. MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.3%, while S&P 500 e-mini futures were last 0.1% higher. Investors are assessing the repercussions of a dramatic weekend of events, which saw the U.S. capture Venezuelan President Nicolas Maduro. President Donald Trump said on Saturday he was putting Venezuela under temporary American control. "The removal of Venezuelan President Nicolas Maduro by the U.S. is unlikely to have meaningful near-term economic consequences for the global economy," said Neil Shearing, group chief economist at Capital Economics. "But its political and geopolitical ramifications will reverberate." WTI crude futures fluctuated between gains and losses and .
When deposed Venezuelan leader Nicols Maduro makes his first appearance in a New York courtroom Monday to face US drug charges, he will likely follow the path taken by another Latin American strongman toppled by US forces: Panama's Manuel Noriega. Maduro was captured Saturday, 36 years to the day after Noriega was removed by American forces. And as was the case with the Panamanian leader, lawyers for Maduro are expected to contest the legality of his arrest, arguing that he is immune from prosecution as a sovereign head of foreign state, which is a bedrock principle of international and US law. It's an argument that is unlikely to succeed and was largely settled as a matter of law in Noriega's trial, legal experts said. Although Trump's ordering of the operation in Venezuela raises constitutional concerns because it wasn't authorised by Congress, now that Maduro is in the US, courts will likely bless his prosecution because, like Noriega, the US doesn't recognise him as Venezuela's .
He added that current measures, including an oil quarantine and large naval deployments, are aimed at pressuring the Venezuelan regime