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It’s been just over 48 hours since US forces conducted a military operation in Caracas and seized Venezuelan strongman Nicolás Maduro, and the future governance of the country – and the US role in it – remains murky.
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Ukrainian President Volodymyr Zelenskiy listens to US President Donald Trump, after Trump said that Russian President Vladimir Putin expressed willingness to help Ukraine "succeed," during a press conference at the Mar-a-Lago club, in Palm Beach, Florida, USA, on December 28, 2025.
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The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela, on December 29, 2025.
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There have been several geopolitical shocks this year, yet none have stopped oil prices from plunging, showing how oil markets have become more risk tolerant.
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