Business Rundown: What the Venezuela Raid Means—and Doesn’t Mean—for Gas Prices

Venezuela’s embattled leader, Nicolás Maduro, is in a New York City courtroom today—facing charges that include narco-terrorism and conspiracy to import cocaine. This weekend’s bold operation in Venezuela has major geopolitical implications but could also impact oil supply abroad. While oil prices have seen some movement since news broke Saturday morning, energy stocks are rising as investors bet U.S. companies could eventually gain access to Venezuela’s massive oil reserves. All of this comes as we kick off a new year and a new month—one that could bring a significant announcement from President Trump on his next pick for Federal Reserve chair… along with a potential Supreme Court ruling on the president’s tariffs. Kenny Polcari, the Chief Market Strategist at SlateStone Wealth, joins FOX Business' Lydia Hu to discuss how investors are reacting to the news out of Venezuela. Plus, he lays out his expectations for this week and 2026. Learn more about your ad choices. Visit podcastchoices.com/adchoices