Kremlin Panicked After US Special Operation In Venezuela

Maduro's overthrow could hit Russia's oil revenues.

Leading Russian analysts fear that U.S. President Donald Trump's plans could have massive consequences for Russia's economy, writes BILD.

The fact is that Venezuela has the world's largest oil reserves but exports negligible amounts compared to Arab countries and Russia. The state-owned oil company PDVSA is seen as broken and incompetent. Exports have been further hampered by US sanctions. However, Venezuela's oil reserves are a giant potential that can be tapped by American concerns. Trump does not hide his intentions and has already stated, "We will send our very large oil companies to the country...".

For Russia, this is of great importance. The price of oil determines whether the Russian budget has enough money for pensions, the state apparatus and the war. The Russian Finance Ministry based its budget planning for 2026 on a price of $59 per barrel of Urals oil, but now it is $50-52. If it falls even lower, the budget will be in deep deficit.

On the Russian financial portal finance.mail. ru, analyst of the National Energy Security Fund Igor Yushkov said even before the U.S. operation in Venezuela, "It is economically and politically important for us that Maduro should resist." Yushkov fears that the overthrow of Maduro will become a model for further actions against Russia. It is important that the US first weakened the dictator's regime with sanctions against the oil sector: "This is a signal for the Americans and Europeans to think that the same can happen with Russia."

After the successful US operation, another Russian economist Sergey Suverov told the Argumenty i Fakty newspaper that he expects oil prices to fall: "In the next two or three years, this will allow them [i.e., the Americans] to significantly increase supplies of oil and gas.

It is also noteworthy a post by Russian oligarch Oleg Deripaska in his Telegram channel: "Apparently, their plan is to make sure that the price of our oil does not rise above $50 per barrel." That, he argues, would force the Kremlin to cut spending, sell off state property or tax the private sector even more heavily. And all this because the Americans "control more than half of the world's oil reserves."

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