(Washington/Caracas): In a seismic geopolitical development that has sent shockwaves through global markets, US President Donald Trump has claimed that Venezuelan President Nicolas Maduro is “in custody” and effectively removed from power.
The announcement, made via a series of fiery posts on social media late last night, has triggered a state of emergency in Venezuela, with conflicting reports emerging from the capital, Caracas.
The Breaking Claim
At approximately 10:00 PM EST (8:30 AM IST), President Trump posted:
“The tyranny is over! Nicolas Maduro is in custody. He is no longer in charge. Venezuela is FREE! Great job by our military and brave patriots. Details soon!”
While the White House has not yet released an official military briefing, unverified reports suggest a covert operation or an internal military coup supported by US intelligence.
Chaos on the Ground in Caracas
Following the statement, chaos has erupted in Venezuela:
- State Media Blackout: Venezuela’s state-run TV channels went off-air for nearly an hour before returning with looping footage of the national flag.
- Military Movement: Heavy military presence has been reported around the Miraflores Palace.
- Maduro Missing? Nicolas Maduro has not been seen publicly for the last 24 hours. However, Vice President Delcy Rodríguez tweeted moments ago, calling the US claims “propaganda warfare” and asserting that the government remains intact.
Global Impact: Oil Prices Surge
The uncertainty has caused immediate turbulence in the financial markets:
- Brent Crude Oil spiked by 4%, crossing $88 per barrel in Asian trade this morning.
- Market Fear: Traders fear that a civil war in Venezuela (a major oil producer) could disrupt global supply chains, potentially pushing petrol prices higher in importing nations like India.
Russia & China React
The international reaction has been swift and polarized:
- Russia: The Kremlin has warned the US against “illegal interference,” calling the alleged custody of a sitting head of state a “declaration of war.”
- China: Beijing has urged “restraint” and called for the safety of its investments in the region.
Why This Matters to India
For Indian readers, this development is critical:
- Fuel Prices: If the crisis prolongs, global oil prices could hit $100, forcing a hike in petrol/diesel rates in India.
- Stock Market: The Sensex and Nifty may see volatility on Monday due to global instability.
FAQs
A: US President Donald Trump has claimed he is in custody, but the Venezuelan government has denied it. Independent verification is currently unavailable.
A: While tensions are high, it is currently a regional conflict. However, warnings from Russia and Iran have escalated the diplomatic stakes.
A: The direct impact will be on fuel prices. If oil supplies are disrupted, petrol and diesel prices in India could rise in the coming weeks.
Disclaimer: The details in this report are based on statements made by US President Donald Trump and preliminary international feeds as of late January 3, 2026. The situation in Venezuela is developing rapidly, and official confirmation regarding President Nicolas Maduro’s status is yet to be verified by independent global agencies.
