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U.S. Strikes in Venezuela Spark Fears of Soaring Commodity Prices

1/3/2026

39 3 Full Breakdown

Summary

Story summary

The U.S. military strikes in Venezuela raise concerns about global commodity prices, especially oil, gold, and silver.
U.S. President Donald Trump confirmed the capture of President Maduro and said U.S. involvement would continue in Venezuela's oil sector.
PDVSA's operations remain unaffected, and key facilities were not damaged.
Market experts foresee higher prices due to tensions, with silver seen between $75 and $78 per ounce.

History

Historical Context

In 1902, the U.S. intervened in Venezuela during a debt crisis, leading to the Roosevelt Corollary, which justified American military action in Latin America to protect U.S. interests. This intervention marked a shift in U.S. foreign policy, establishing a precedent for future actions, including recent military considerations under President Trump, as the U.S. continues to emphasize control over Venezuela's oil resources.

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Story summary

The U.S. military strikes in Venezuela raise concerns about global commodity prices, especially oil, gold, and silver.
U.S. President Donald Trump confirmed the capture of President Maduro and said U.S. involvement would continue in Venezuela's oil sector.
PDVSA's operations remain unaffected, and key facilities were not damaged.
Market experts foresee higher prices due to tensions, with silver seen between $75 and $78 per ounce.

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