2026 TSX Energy Stocks Open the Year with a Bang Can You Still Invest in the Energy Sector? What Are the Potential Risks with Maduro's Arrest in Venezuela?
u/whponder ·
Reddit — r/CanadianInvestor
· January 04, 2026 at 18:16
· ⬆ 6 pts
· 💬 10 comments
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Disclaimer: I'm an American investor, and I don't have any political stance I’m just sharing my personal thoughts and opinions. If I offend anyone I apologize in advance!
I hold some Canadian energy stocks, including CNQ, CVE, SU, and SCR. On the 16th of last month, the U.S. suddenly announced an oil export blockade on Venezuela, citing drug smuggling as the reason. Trump said that any seized Venezuelan tankers and their oil would become property of the U.S. After that, I expected some kind of conflict.
However, with a power vacuum, disruption, and resistance, production is constrained. With oil and gold prices rising, there might be a civil war in the short term. Could these factors cause oil prices in Canada to spike? Should I continue holding, or is it time to just let go?