U.S. Military Action in Venezuela: Latest Developments
This article covers the recent U.S. military operation in Venezuela, highlighting the explosions in Caracas and the capture of President Nicolas Maduro. It discusses the international reactions, including condemnation from various countries, and examines the implications for India's crude oil imports from Venezuela. As tensions escalate, the situation remains fluid, with updates on casualties and further actions expected. Readers will gain insights into the geopolitical ramifications of this military action and its potential impact on global oil prices.
| Jan 3, 2026, 17:13 IST
U.S. Military Action in Venezuela: Latest Updates (January 3, 2026)
Early this morning, multiple powerful explosions rocked the Venezuelan capital, Caracas, and its surrounding areas. President Donald Trump announced that the United States has initiated a large-scale military operation against Venezuela. According to Trump, this operation resulted in the capture of Venezuelan President Nicolas Maduro and his wife, who were taken out of the country.
Key Events:
- Number of Explosions: At least 7-10 significant blasts, primarily targeting military installations (such as the Fuerte Tiuna military base and La Carlota airfield).
- Method of Attack: Low-flying helicopters and aircraft were observed. Reports mentioned the use of F-35 fighter jets, Apache helicopters, and missiles.
- Response from the Venezuelan Government: President Maduro declared a national emergency. The government labeled it an 'American invasion' and sought assistance from the United Nations. Power outages were reported in several areas.
- Trump's Claim: The operation was aimed at combating drug trafficking and addressing the 'narco-state' issue. Maduro is expected to face legal action in the U.S.
- International Reaction: Countries like Cuba, Iran, and Colombia condemned the actions. Several nations called for a UN meeting.
Overview of U.S.-Venezuela Tensions
This incident marks a peak in the ongoing tensions between the U.S. and Venezuela, primarily linked to drug trafficking and oil resources. The situation is rapidly evolving, with updates on casualties and further actions pending.
India's Imports from Venezuela
Venezuela has been a crucial source of crude oil for India.
- Main Imports: Approximately 90-95% of crude oil and petroleum products.
- Data for 2024-2025: India imported around $1.76-2 billion worth of crude oil from Venezuela (according to Trading Economics and other reports).
- Current Situation: Imports have fluctuated due to U.S. sanctions, but are expected to rise again in 2024-2025 (refineries like Reliance process heavy crude).
- Impact: If the conflict escalates, supply from Venezuela could be disrupted, potentially driving up global oil prices. However, India primarily imports from Russia, Saudi Arabia, Iraq, and the UAE (with 40-50% from Russia), so the impact may not be severe.