The incursion in Venezuela generates uncertainty in the energy market, although the immediate impact on oil prices would be limited due to the current low production caused by sanctions and lack of investment.

Reserves: Venezuela has about 20% of the world's proven crude oil reserves, making it a strategic player.

Short term: No major price fluctuations are expected because there are no physical interruptions in supply.

Medium and long term:

If there is political stability and sanctions are lifted, production could increase and prices could decrease.

If the crisis prolongs, the risk of interruptions would raise international prices.

Risks: Geopolitical factors (U.S., Russia, Iran), the importance of heavy crude for refineries in the U.S. and Asia, and the future of sanctions will determine developments.

👉 In conclusion: the immediate effect is limited, but the political and economic outcome in Venezuela will be key to defining whether prices drop due to greater supply or rise due to volatility and supply risks.