Maduro and his wife, on Monday, arrived at a New York courthouse on Monday, where Maduro is expected to appear before a judge, CNN reported.
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Moneycontrol06-01-2026, 00:31

US Detains Maduro, Trump Eyes Venezuela Oil; Experts Divided on Market Impact

  • US forces detained former Venezuelan leader Nicolas Maduro and his wife Cilia Flores, transferring them to a New York courthouse.
  • Maduro faces charges including narco-terrorism, drug trafficking, and weapons-related offenses.
  • Arvind Subramanian downplays the impact of the Venezuela situation on global oil markets.
  • Dilip Sinha criticized the US action as an "abduction" and a violation of international law, linking it to Venezuela's oil reserves.
  • Donald Trump stated US oil companies would fix Venezuela's infrastructure and the US would sell large amounts of oil globally.

Why It Matters: US detains Maduro amidst oil reserve claims; experts debate market impact and legality.

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