US Coup in Venezuela: Maduro Arrested, Global Markets React, Oil Sanctions Tighten

Business
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Moneycontrol•05-01-2026, 09:40
US Coup in Venezuela: Maduro Arrested, Global Markets React, Oil Sanctions Tighten
- •US forces arrested Venezuelan President Nicolas Maduro and his wife, accusing them of drug trafficking and other crimes.
- •Delcy Rodriguez was appointed interim President, approved by Venezuela's Supreme Court, amidst international condemnation of the US action.
- •The US declared it would govern Venezuela until new leadership is arranged, enforcing full oil sanctions despite China's demand for Maduro's release.
- •Venezuela, holding the world's largest oil reserves, faces continued US oil blockade, impacting global crude prices.
- •Gold and silver prices surged post-coup, while Asian markets showed a bullish trend, with Gift Nifty indicating a strong Indian market opening.
Why It Matters: US-led coup in Venezuela leads to Maduro's arrest, global condemnation, and market shifts.
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