Venezuela's Oil Future Reshaped: Maduro Arrested, US to Revitalize Industry

• Venezuela holds the world's largest oil reserves (300 billion barrels), crucial for its economy but hampered by instability.
• On January 3, 2026, US President Donald Trump initiated a military operation in Caracas, leading to the arrest of Venezuelan President Nicolás Maduro.
• Maduro faces trial in New York for drug trafficking and corruption; US plans billions in investment to repair Venezuela's oil industry.
• Saudi Arabia (267B), Canada (171B), Iran (158B), and Iraq (143B) follow Venezuela in oil reserves, with many other nations holding significant amounts.
• The geopolitical shift in Venezuela could impact global oil prices and supply, potentially affecting India's economy and consumers.

Why It Matters: Venezuela's vast oil reserves are now under US influence after Maduro's arrest, impacting global energy.