The United States’ seizure of Venezuela’s president, Nicolas Maduro, has the potential to reshape the global oil market, as America gains effective control over a country with the world’s largest proven oil reserves, analysts said.
While crude prices may rise marginally in the short term, the move could boost long-term supplies and tighten the US’ grip over the oil market at a time when its position was starting to look more vulnerable, they said.
“Once the US gains control of the country,…
US removal of Maduro has potential to reshape global oil market: analysts
