{"id":111142,"date":"2026-01-07T00:00:00","date_gmt":"2026-01-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=111142"},"modified":"2026-01-07T03:12:14","modified_gmt":"2026-01-07T03:12:14","slug":"what-venezuela-means-for-regional-oil-where-the-risk-actually-went","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/","title":{"rendered":"What Venezuela means for regional oil + where the risk actually went"},"content":{"rendered":"

The usual script of conflict driving oil shock has been flipped<\/strong>, with markets barely<\/a> moving after the US capture of Venezuela\u2019s Nicolas Maduro. Brent rose only about USD 1 \/ bbl, with analysts noting<\/a> that in a supplied global market, Venezuela\u2019s turmoil poses little immediate threat to output. That muted reaction reflects the reality that oil markets are in oversupply \u2014 with or without Venezuela. The International Energy Agency has been sounding the glut alarm<\/a> for months, saying that supply is set to exceed demand by some 4 mn bbl \/ d this year. <\/p>\n

Even under optimistic scenarios, new barrels would take years to materialize.<\/strong> JPMorgan sees<\/a> Venezuelan production reaching 1.3-1.4 mn bbl \/ d within two years and up to 2.5 mn bbl \/ d over a decade, with a limited market impact \u2014 roughly USD 4 \/ bbl downside to 2030 prices. <\/p>\n

While global markets are broadly unmoved, the outlook for our neck of the woods is <\/strong>mixed.<\/strong> With uncertainty on how the long-term movements will shake out, Egypt, Saudi Arabia, and the UAE will each have different angles to watch for. <\/p>\n

!_Subhead_! Who wins and who bleeds<\/strong><\/p>\n

For Egypt, it\u2019s cheaper crude and fiscal breathing room:<\/strong> Every USD 5 \/ bbl drop in Brent cuts subsidy costs by roughly EGP 30 bn, easing fiscal pressure in the near term, according to CI Capital calculations. Energy subsidies still make up about 90% of total subsidies, but that share is set to fall to some 30% by this year as price liberalization continues. <\/p>\n

A sharp drop in Brent would hit Saudi Arabia hard:<\/strong> Lower prices would squeeze fiscal capacity, drain liquidity, and weigh on sentiment. Saudi\u2019s fiscal breakeven sits around USD 87 \/ bbl, according to CI\u2019s estimates, leading to more strain on public finances and heavier reliance on external borrowing<\/a>. That\u2019s still far higher than the USD 60 \/ bbl range we\u2019re currently sitting at.<\/p>\n

Balance for the UAE:<\/strong> The country offers stability through low breakeven and diversified revenue \u2014 the reason why it remains a credit market darling. Non-oil activity makes up roughly 75% of GDP, and the fiscal breakeven oil price sits near USD 48 \/ bbl.<\/p>\n

!_Subhead_! A narrow window? <\/strong><\/p>\n

Venezuelan barrels don\u2019t compete head-on with most Middle Eastern crude. <\/strong>They\u2019re heavy and sour, putting them in a different lane than the light and medium grades that dominate Gulf exports. Refineries that want Venezuelan crude are highly specialized, and are mostly in the US<\/a>. <\/p>\n

This opens the door for US refiners to take in more Venezuelan crude<\/strong> \u2014 easing reliance on pricier Canadian heavy barrels. The flipside is that barrels would likely be pulled away from China, which has taken most of Caracas\u2019 exports since US sanctions kicked in. <\/p>\n

Those volumes are marginal in China\u2019s overall balance and easy to replace \u2014 and<\/strong> replacement matters. <\/strong>If Venezuelan barrels are directed to the US, China will have to look elsewhere, and the most obvious substitute is the Middle East.<\/p>\n

The window: <\/strong>Saudi Arabia and Iraq sell some heavier grades that can be snatched up by China, with Middle Eastern producers still having the edge on logistics, reliability, and scale. Venezuela\u2019s supply is constrained, operationally messy, and politically fragile. <\/p>\n

!_Subhead_! The macro view: Where the risk actually went<\/strong><\/p>\n

Capital moved first into credit:<\/strong> After Vice President (and former Oil Minister) Delcy Rodriguez was sworn in<\/a> as interim president, investors wasted no time piling into Venezuelan assets. The government\u2019s and the state oil company\u2019s defaulted sovereign bonds surged some 30%<\/a> in a single day as regime-change hedges went into overdrive. <\/p>\n

Equities followed:<\/strong> Big refiners such as Marathon Petroleum and Phillips 66 jumped<\/a> 5-7%. Oilfield services \u2014 the ones who actually drill \u2014 outperformed with SLB and Halliburton surging 7-8%. Majors also moved, with ExxonMobil, Chevron, and ConocoPhillips gaining 2-4%. <\/p>\n

The move effectively puts oil collateral pledged to China in \u201cUS hands,\u201d weakens <\/strong>Russian oil\u2019s strategic relevance, and creates a long runway for US refiners<\/strong> and oil-services firms, Micheal Burry, the Big Short investor, said<\/a>. Valero<\/a> \u2014 whose Gulf Coast refineries were built for Venezuelan heavy crude \u2014 jumped some 10%, with Burry doubling down on the stock. <\/p>\n

Why this matters:<\/strong> It marks a shift in how markets price geopolitical risk, which had been largely absent from commodity markets during the glut. A decade ago, the ouster of an Opec strongman might have sent oil prices skyrocketing, but defaulted bonds are in demand and energy stocks are rallying, while oil itself yawns. Traders see Venezuela\u2019s upheaval as a credit-and-equity play \u2014 rather than a supply disruption to panic over \u2014 migrating the risk premium away from commodities and into market assets. <\/p>\n

\n

MARKETS THIS MORNING- <\/p>\n

It\u2019s back to a mix of red and green for Asia-Pacific markets this morning<\/strong>, weighed down by defense stocks falling after two days of gains. South Korea\u2019s Kospi is trading up, while most other markets are in the red in early trading. Meanwhile, US stocks rallied to record highs overnight but futures are currently trading flat. <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,996<\/p>\n<\/td>\n

\n

+0.5% (YTD: +0.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

6,183<\/p>\n<\/td>\n

\n

+0.9% (YTD: +2.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n

\n

4,923<\/p>\n<\/td>\n

\n

+1.1% (YTD: +0.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD : AED<\/strong> CBUAE<\/strong><\/p>\n<\/td>\n

\n

Buy 3.67<\/p>\n<\/td>\n

\n

Sell 3.67<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EIBOR<\/strong><\/p>\n<\/td>\n

\n

3.5% o\/n<\/p>\n<\/td>\n

\n

3.6% 1 yr<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul <\/strong><\/p>\n<\/td>\n

\n

10,291<\/p>\n<\/td>\n

\n

-0.3% (YTD: -1.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

41,543<\/p>\n<\/td>\n

\n

+2.1% (YTD: -0.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500 <\/strong><\/p>\n<\/td>\n

\n

6,945<\/p>\n<\/td>\n

\n

+0.6% (YTD: +1.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100 <\/strong><\/p>\n<\/td>\n

\n

10,123<\/p>\n<\/td>\n

\n

+1.2% (YTD: +1.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50 <\/strong><\/p>\n<\/td>\n

\n

5,932<\/p>\n<\/td>\n

\n

+0.1% (YTD: +2.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude <\/strong><\/p>\n<\/td>\n

\n

USD 60.70<\/p>\n<\/td>\n

\n

-1.7%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n

\n

USD 3.43<\/p>\n<\/td>\n

\n

+2.3%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold <\/strong><\/p>\n<\/td>\n

\n

USD 4,493<\/p>\n<\/td>\n

\n

0.0%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC <\/strong><\/p>\n<\/td>\n

\n

USD 93,450<\/p>\n<\/td>\n

\n

-0.4% (YTD: +6.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n

\n

AED 3.75<\/p>\n<\/td>\n

\n

0.0% (YTD: 0.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n

\n

151.71<\/p>\n<\/td>\n

\n

0.0% (YTD: -0.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n

\n

14.75<\/p>\n<\/td>\n

\n

-1.0% (YTD: -1.7%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The DFM rose 0.9% yesterday<\/strong> on turnover of AED 939.1 mn. The index is up 2.2% YTD.<\/p>\n

In the green: <\/strong>Parkin Co. (+3.4%), Emirates Reem Investments Co. (+3.2%), and Union Properties (+3.0%).<\/p>\n

In the red: <\/strong>Al Mal Capital REIT (-10.0%), Dubai Islamic Ins. and Reins. Co. (-4.6%), and National Cement Co. (-3.8%). <\/p>\n

Over on the ADX<\/strong>, the index rose 0.5% on turnover of AED 1.0 bn. Meanwhile, Nasdaq Dubai was up 1.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"

If Venezuelan barrels are directed to the US, China is likely to turn to the Middle East for more oil<\/p>\n","protected":false},"author":1,"featured_media":111143,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1553],"tags":[7,1396,50],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-111142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-enterpriseam-uae","tag-oil","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"9fe9efcd-bb9c-42e1-b40c-6a5b0969d410","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/187.jpg","photo_position":"above","homepage_title":"","full_issue_title":"What Venezuela means for regional oil + where the risk actually went","related_issue":[111127],"teaser":"If Venezuelan barrels are directed to the US, China is likely to turn to the Middle East for more oil"},"yoast_head":"\nWhat Venezuela means for regional oil + where the risk actually went - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Venezuela means for regional oil + where the risk actually went\" \/>\n<meta property=\"og:description\" content=\"If Venezuelan barrels are directed to the US, China is likely to turn to the Middle East for more oil\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-07T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-07T03:12:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What Venezuela means for regional oil + where the risk actually went\",\"datePublished\":\"2026-01-07T00:00:00+00:00\",\"dateModified\":\"2026-01-07T03:12:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\"},\"wordCount\":957,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM UAE\",\"Oil\",\"PLANET FINANCE\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\",\"name\":\"What Venezuela means for regional oil + where the risk actually went - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-01-07T00:00:00+00:00\",\"dateModified\":\"2026-01-07T03:12:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Venezuela means for regional oil + where the risk actually went\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What Venezuela means for regional oil + where the risk actually went - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/","og_locale":"en_US","og_type":"article","og_title":"What Venezuela means for regional oil + where the risk actually went","og_description":"If Venezuelan barrels are directed to the US, China is likely to turn to the Middle East for more oil","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/","og_site_name":"UAE","article_published_time":"2026-01-07T00:00:00+00:00","article_modified_time":"2026-01-07T03:12:14+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What Venezuela means for regional oil + where the risk actually went","datePublished":"2026-01-07T00:00:00+00:00","dateModified":"2026-01-07T03:12:14+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/"},"wordCount":957,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM UAE","Oil","PLANET FINANCE"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/","name":"What Venezuela means for regional oil + where the risk actually went - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1","datePublished":"2026-01-07T00:00:00+00:00","dateModified":"2026-01-07T03:12:14+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/07\/what-venezuela-means-for-regional-oil-where-the-risk-actually-went\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"What Venezuela means for regional oil + where the risk actually went"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/187.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=111142"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111142\/revisions"}],"predecessor-version":[{"id":111170,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111142\/revisions\/111170"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/111127"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/111143"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=111142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=111142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=111142"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=111142"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=111142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}