The Regime Shock Crude Markets Still Haven’t Priced In

    Apr 22, 2026by Max Hayes

    What You Need To Know

    Maduro’s removal may matter less for Venezuela’s current oil output than for the long-term geopolitical risk premium embedded in crude markets and energy equities.

    Offshore oil rigs extract crude from beneath the seabed, typically in coastal waters and deepwater basins such as the North Sea, Gulf of Mexico, and offshore Middle East.

    Offshore oil rigs extract crude from beneath the seabed, typically in coastal waters and deepwater basins such as the North Sea, Gulf of Mexico, and offshore Middle East.

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