DBT Bureau
Bengaluru, 3 Jan 2026
- Loud explosions were heard in Venezuela’s capital, Caracas on Friday night, according to multiple TV reports globally. Reports indicated the strikes were conducted by the US military, though there is no official word yet from the US administration.
- Oil prices will be in focus as Venezuela is a key oil producing nation with deep supply side integration with China.
- With no end to Russia-Ukraine war, a new war in the American continent is going to further complicate matters.
