Asia-Pacific markets set to open higher after U.S. captures Venezuela’s Maduro, oil slips

Geopolitical Impact on Oil Prices - The U.S. has attacked Venezuela and captured President Nicolas Maduro, leading to a decline in oil prices as markets assess the geopolitical implications [1][2] - Brent crude prices fell more than 1% initially but later adjusted to a 0.25% decrease, while West Texas Intermediate crude prices dropped by 0.4% [2] Venezuela's Oil Reserves - Venezuela, a founding member of OPEC, possesses the largest proven crude oil reserves globally, totaling 303 billion barrels, which accounts for approximately 17% of the world's total reserves [3] Market Reactions in Asia-Pacific - Japan's Nikkei 225 index increased by 2.26% in its first trading session of the year, with defense stocks like Kawasaki Heavy Industries and Mitsubishi Heavy Industries rising by 5.7% and 6.4%, respectively [4] - South Korea's Kospi index reached a record high of 4,420.92, climbing 2.19%, while shares of defense giant Hanwha Aerospace rose by 4% [4] - Australia's ASX/S&P 200 index remained flat, while Hong Kong's Hang Seng Index futures indicated a higher opening [5]