Bigger Pic: How might a Venezuelan regime change impact global oil markets?

Published on 7 Jan 2026
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Vishnu Varathan, Head of Macro Research, Asia ex-Japan, Mizuho Securities (Singapore), discusses what a potential Venezuelan regime change could mean for global oil markets; impacts to geopolitical dynamics for the rest of LatAm as well as China, Russia and Iran; the role Saudi Arabia and OPEC may play in calibrating oil supply; and why these developments may provide the USD a marginal petrodollar boost.

Produced & Presented by: Emaad Akhtar

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