Members of the militia group known as "Colectivos" take part in a march calling for the release of Venezuela's President Nicolas Maduro, after he and his wife Cilia Flores were captured following US strikes on Venezuela, in Caracas, Venezuela, January 4, 2026. File Image/Reuters
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Firstpost05-01-2026, 11:04

US Seizes Maduro, Aims to 'Run' Venezuela & Its Oil Riches Amidst Challenges

  • US special forces captured Venezuelan President Nicolas Maduro and First Lady Cilia Flores in Caracas, charging them with drug and weapons offenses.
  • President Trump declared the US would 'run' Venezuela until a 'proper' transition, aiming to control its political direction and monetize vast oil reserves.
  • Despite US ambitions, significant constraints exist, including degraded oil infrastructure, ongoing sanctions, and unresolved political legitimacy.
  • Vice President Delcy Rodríguez is being considered a transitional figure, with her public stance softening towards cooperation with the US.
  • US oil companies remain cautious about returning due to legal disputes, security risks, and the need for major legal and infrastructure reforms.

Why It Matters: The US seeks to control Venezuela's future and oil post-Maduro's capture, facing complex political and economic hurdles.

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