0723 GMT - The U.S. capture of Venezuelan president Maduro has ramifications for oil markets, U.S. domestic politics, and geopolitics, SEB chief emerging markets strategist Erik Meyersson says. "Interpreting the Trump administration's actions as shifting further from a rules-based international order to regional hegemonical spheres of influence poses significant geopolitical risks, and could encourage countries seeking greater hegemonic powers, including China and Russia." Oil-market implications depend on sanctions relief, but an investment boom could lead to significantly higher production levels. However, the dire state of the Venezuelan oil industry will limit production growth in the near term. Meyersson also notes that Marco Rubio's standing as a 2028 Republican presidential candidate have been boosted, as taking a hard line on Maduro plays well with U.S. voters of Cuban and Venezuelan descent in Florida. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
January 05, 2026 02:23 ET (07:23 GMT)
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