Oil markets shrug off US military intervention in CaracasListen to this articleFuel dispensers for different kinds of fuel at a Bangkok filling station. The US attack on Venezuela has yet to affect global crude oil prices. (Photo: Somchai Poomlard)Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry. Saudi Arabia was second with 267 billion barrels, followed by Iran with 209 billion barrels. However, US sanctions imposed prior to the pandemic restricted exports from Petróleos de Venezuela, Venezuela's state-owned oil company.


Source:   Bangkok Post
January 05, 2026 22:41 UTC