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Oil prices fall after Venezuela turmoil

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Published :  
5/1/2026 2:27|

Oil prices fell on Monday after a US military operation that seized Venezuelan leader Nicolas Maduro.

In early trade in Asia, Brent Crude was down 0.63 percent at $60.37 per barrel while West Texas Intermediate was off 0.70 percent at $56.92.

US President Donald Trump has said that the United States would "run" Venezuela and tap its oil reserves, which are the world's largest.