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Live Updates  >  Live Update Details

2025-10-31 21:17:28

[Geopolitical Risks Push Up Oil Prices; Market Focuses on Venezuelan Supply Security] ⑴ Media reports of potential US military action against Venezuela have sparked market concerns about potential oil supply disruptions. ⑵ The US has redeployed the USS Ford carrier strike group to waters near Venezuela, an unprecedented military buildup. ⑶ The military strikes are reportedly targeting Venezuelan military facilities, and could begin at any time. ⑷ This operation is described as a follow-up phase to the crackdown on drug cartels, highlighting escalating regional tensions. ⑸ Venezuela currently exports approximately 700,000 to 900,000 barrels of oil per day; any supply disruption will directly impact the global market. ⑹ The geopolitical risk premium was quickly reflected in oil prices, causing international oil prices to rise. ⑺ Traders are closely monitoring developments and assessing the actual impact of potential supply risks on the oil market balance. ⑻ This event once again highlights the significant impact of political instability in major oil-producing regions on the global energy market.

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