12 insights about Venezuela and the "Donroe Doctrine"
A few comments and exhibits on Venezuela, oil, geopolitics and drug trafficking
Our team's thoughts on Venezuela
Venezuela stands at a crossroads. Recent events have captured global headlines and raised urgent questions for investors, businesses, and families. In response, we have produced a special webcast bringing together regional experts and global strategists to help make sense of what’s happening—and what may come next.
Markets are still parsing what temporary U.S. control and renewed debate over sovereignty and energy security will mean for Venezuela’s economy and institutions – but for now the direct macroeconomic spillover has been limited.
Venezuela’s oil production and export infrastructure remains largely intact, and even at roughly 1% of global output, any near-term disruption is competing with a world oil market that has entered 2026 well supplied after a year of softening prices. Venezuela’s role in other commodity markets is minor, and no major disruptions are anticipated.
While the situation is still evolving, we asked our experts -- Derek Chollet, Nur Cristiani, Clay Erwin and Stephen Jury -- to share their initial assessments.
What You’ll Learn in the Webcast
Your J.P. Morgan team is always hear to help. Please reach out to your Advisor if you’d like to discuss this and if you want to learn more about the J.P. Morgan Chase Center for Geopolitics, you can learn more here.
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