'Big Short' investor Michael Burry says markets are missing a trick as the Venezuela raid just 'changed the game'
Business Insider·2026-01-05 11:53

Group 1 - The US raid on Venezuela represents a significant paradigm shift that markets are currently underestimating [1][2] - Benchmark oil prices increased less than 1% following the US capture of President Nicolás Maduro, with US stock futures opening higher [2] - The US's control over Venezuelan oil could diminish the importance of Russian oil and reduce Russia's income and power [3] Group 2 - US oil-services companies such as Halliburton, Schlumberger, and Baker Hughes are expected to benefit significantly from the need to modernize Venezuela's oil infrastructure [4] - The influx of Venezuelan oil is forecasted to lead to lower prices for gas, diesel, and jet fuel, benefiting consumers and potentially easing supply chain costs [5]

'Big Short' investor Michael Burry says markets are missing a trick as the Venezuela raid just 'changed the game' - Reportify