BritLedger

The U.S.-led military operation in Venezuela has captured President Nicolás Maduro, who has pleaded not guilty in a New York court, sparking global condemnation and emergency UN Security Council debate as President Trump threatens further actions including interest in Greenland and other countries.

Venezuela holds the world’s largest proven oil reserves, but decades of underinvestment, sanctions and collapsing infrastructure mean production has plunged — and while Trump says US firms will spend billions to reverse the decline, any significant boost in output will take years.