US Oil Stocks Surge Following Capture of Venezuelan President Maduro

US oil stocks experienced a significant rally after American forces captured Venezuelan President Nicolás Maduro. Chevron shares led the charge with a 4% gain, while Halliburton and ConocoPhillips also posted strong performances. President TRUMP announced plans for temporary US administration of Venezuela, with intentions to ramp up the country's oil production. Analysts caution that restoring Venezuela's damaged oil infrastructure will require substantial time and investment.

Defense stocks in the US and Europe climbed as markets anticipated increased military spending. The geopolitical shift prompted investors to flock to traditional safe-haven assets like Gold and silver, even as broader markets remained stable. Brent crude prices rose as traders evaluated potential supply disruptions from Venezuela.

Chevron saw its shares jump over 7% in pre-market trading, ultimately opening 4% higher on expectations of expanded access to Venezuelan oil reserves. ConocoPhillips and ExxonMobil followed suit, buoyed by prospects of new drilling opportunities under US oversight. Among oil service firms, Halliburton surged more than 7%, while Spain's Repsol added a modest 2%.