The sudden capture and extradition of Venezuelan President Nicolás Maduro over the weekend sent energy markets surging on Jan. 5. Investors interpreted the U.S. military’s move as a potential turning point for Venezuela’s oil sector, signaling opportunities for U.S. companies ready to step into a market long hampered by sanctions.
President Donald Trump amplified bullish sentiment, pledging U.S. oil firms a central role in reconstructing Venezuela’s energy infrastructure. Oil major Chevron (CVX) responded with a more than 5% jump on Jan. 5, reflecting investor anticipation that the firm could reclaim market share and revenues previously blocked under Maduro’s regime.
