U.S. Move Against Maduro Sends Oil Stocks Soaring

Shares of major energy companies surged on Monday after U.S. authorities captured Venezuelan President Nicolás Maduro. The action triggered a sharp rise in global oil prices. Companies like Chevron and ExxonMobil saw significant gains. The market movement reflects concerns over potential disruptions to Venezuela's oil exports. Venezuela holds the world's largest proven oil reserves. However, its production has collapsed in recent years due to economic crisis and U.S. sanctions. The capture of Maduro introduces new uncertainty into global oil supply. Analysts warn of volatility as the political situation develops.