LIVE: Trump Speaks After Airstrikes on Venezuela #politics

Summary

Bloomberg special coverage reacts to US overnight airstrikes on Venezuela and the capture of Nicolas Maduro, who is being taken to New York to face narco-terrorism charges. President Trump says the US will run Venezuela until a transition, keep the oil embargo, and bring in US oil companies to rebuild the industry. Analysts debate the oil-market impact, with several seeing limited near-term supply disruption and a soft crude market, while Venezuela's defaulted sovereign and PDVSA debt could rally if a stable transition emerges.

• US forces captured Nicolas Maduro and his wife in an overnight raid; they face charges in the Southern District of New York.
• Trump says the US will temporarily run Venezuela, keep the Venezuelan oil embargo in place, and involve US oil companies in rebuilding the oil sector.
• Oil analysts see only modest near-term supply loss from the Venezuela blockade and expect a soft crude market amid oversupply.
• Venezuelan sovereign and PDVSA debt trades around 25-30 cents and could rally if a stable post-Maduro transition materializes.
• Legal and political debate focuses on congressional authorization, international law, and the risk of a power vacuum in Venezuela.
• China, Cuba, and Russia reaction is closely watched, with expectations of economic pushback and regional spillover risks.
• Markets are closed for the weekend, leaving investors to assess implications before futures reopen Sunday night.