At the start of 2026, Venezuela captured global attention with the sudden removal of President Nicolás Maduro. US forces carried out a large-scale operation resulting in Maduro's ousting and a political regime change. The country's vice president left Venezuela, and Maduro was transported to the United States.
Venezuela's economic and social situation had been dire: chronic inflation, medical shortages, mass emigration, and rising crime destabilized the state. The operation against Maduro was a response to human rights abuses, repression, and election fraud. The US official position focused on transferring power to the democratically elected opposition.
Economic interests, especially among American oil-refining companies, played a notable role. The US administration clarified that the new political order would mean renewed cooperation in energy, benefiting both countries. This is expected to affect global oil prices and lay the groundwork for modernizing Venezuela's infrastructure.
The international community's reaction was mixed. Ukraine and Western countries endorsed the regime change, stressing rule of law and protecting democracy. Russia and China objected to the intervention, emphasizing Venezuela's sovereignty and the need for dialogue.
The operation transpired with minimal bloodshed. Promises of democratic elections and a return to political stability are expected to attract investors and promote economic growth. Events in Venezuela also strengthen Republican positions in the US ahead of elections, while oil remains a crucial factor for both the region and the world.
