RIL, ONGC Shares Surge After US Raids Venezuela, Abducts Maduro

• RIL and ONGC shares initially rose after US operation 'Absolute Resolve' in Venezuela, abducting President Nicolás Maduro.
• RIL hit a 52-week high of Rs 1,611.8, while ONGC jumped 2% to Rs 246.80, before both pared gains.
• US President Donald Trump stated the US would "run the country" and sell Venezuela's oil, citing "they stole our oil."
• Analysts like Jefferies suggest RIL could get crude at a discount, and ONGC may receive $500 million in unpaid dividends.
• Medium-term risk: Revived Venezuelan oil output could pressure global crude prices.

Why It Matters: US intervention in Venezuela caused initial oil stock surge, but future oil prices remain uncertain.