Oil prices are likely to experience a limited impact following the US's attack on Venezuela on Saturday, according to industry experts.
Giovanni Staunovo, a strategist at the Swiss bank UBS, said although it was a too early to make a call, exports and production from Venezuela came under downward pressure following the US oil tanker blockade and the risk is that this trend could continue.
Vandana Hari, chief executive of Singapore-based Vanda Insights, said the immediate implications for the oil market are minimal — "not much beyond another uptick in the Venezuela risk premium".
The US has struck Venezuela and captured its President Nicolas Maduro, who has been taken out of the country, President Donald Trump said on Saturday.
"The United States of America has successfully carried out a large scale strike against V
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