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US media outlets such as CBS News and Fox News, citing unnamed US government officials, reported that US forces were involved in the incident. However, neither the White House nor the Pentagon has commented on the explosions or reports of aircraft flying over the city. At least seven explosions were reported, along with low-altitude aircraft sightings around 2:00 AM local time in Caracas today.

WTI crude prices rebounded in early trading today following a pledge from Chinese authorities to broaden fiscal spending in 2026. This move signals the government's commitment to sustained economic support amid a challenging international environment. The announcement came after the annual Central Economic Work Conference, where top officials gathered to set fiscal policy priorities for the coming year. On Sunday (Dec 28), the Chinese Ministry of Finance issued a statement outlining plans to expand targeted investments in high-priority sectors, including advanced manufacturing, technological innovation, and human capital development.

  Although supply disruptions helped oil prices recover in recent days after plummeting to near their lowest levels in almost five years on December 16, prices are still on track for their sharpest yearly decline since 2020. Brent and WTI crude contracts have fallen 19% and 21%, respectively, this year as increased crude oil production raises concerns about an oversupply next year. The International Energy Agency (IEA) December oil market report indicated that global oil inventories will exceed demand by 3.84 million barrels per day next year. Investors are also watching the progress of the Russia-Ukraine peace process and its impact on future oil prices, as a peace agreement could lead to the lifting of international sanctions on Russia's oil industry. On Saturday, Russia launched hundreds of missiles and drone strikes in Kyiv and other parts of Ukraine, ahead of President Volodymyr Zelenskyy's statement that a crucial meeting would be held with U.S. President Donald Trump to...

  In the second seizure within weeks, U.S. forces have intercepted a tanker near Venezuela, marking a significant escalation in the massive American military buildup currently unfolding in the region. Vanguard, a British maritime risk management firm, identified the vessel as the Panama-registered "Centuries." The tanker was reportedly intercepted east of Barbados in the Caribbean Sea.