Operation Southern Spear and the Geopolitics of Energy
by Logan Andrew |Freewire Magazine — Your News, Your Voice

Source URL : US to launch new phase of Venezuela operations, sources say | The Standard
https://www.thestandard.com.hk/world-news/article/317542/
I. The Last 24 Hours: The Decapitation of the Maduro Regime
In the early hours of January 3, 2026, the United States executed a lightning military operation in Caracas that fundamentally altered the geopolitical landscape of the Western Hemisphere.2
- The Strike: Starting around 2:00 AM VET, at least seven major explosions rocked the capital.3 Targeted airstrikes hit the Miraflores Presidential Palace, the La Carlota airbase, and the Fort Tiuna military complex.4
- The Capture: President Donald Trump confirmed via Truth Social and a midday press conference at Mar-a-Lago that U.S. Special Operations (Delta Force) captured Nicolás Maduro and his wife, Cilia Flores.5 They were extracted and are currently aboard a U.S. warship en route to New York.6
- The Charges: U.S. Attorney General Pam Bondi announced that Maduro faces a multi-count indictment in the Southern District of New York for Narco-Terrorism Conspiracy, cocaine importation, and the possession of destructive devices.7
- U.S. Administration: In a move reminiscent of post-WWII reconstructions, Trump stated that the U.S. will “run the country” on a temporary basis to ensure a “judicious transition,” specifically mentioning the intent to bring in American oil companies to “fix” the industry.8
II. The Past Year: The 2025 Escalation
Today’s capture was not an isolated event but the climax of a 12-month “Maximum Pressure” campaign initiated after Trump’s second inauguration.
- The Naval Blockade: Since September 2025, the U.S. has maintained a naval presence in the Caribbean, conducting “deadly strikes” on boats alleged to be smuggling drugs, a campaign that many saw as a soft blockade on Venezuelan oil exports.9
- Economic Strangulation: Throughout 2025, the U.S. tightened sanctions to the point where Venezuela’s oil production stagnated at under 900,000 barrels per day.10 The U.S. Treasury actively intercepted “sanctioned” tankers heading for China and India.
- The Diplomatic Pivot: The administration shifted from merely supporting the opposition to labeling the Maduro government a “criminal enterprise.”11 This reclassification provided the legal domestic justification for the use of force under the guise of an anti-narcotics operation.
III. Geopolitics & The Petrodollar: The Saddam-Gaddafi Parallel
The intervention is being analyzed through the lens of the Petrodollar System—the global requirement to trade oil in U.S. Dollars, which underpins the dollar’s status as the world’s reserve currency.
The “Three Defiant” Leaders
Historians and analysts are already drawing direct parallels between Maduro, Saddam Hussein, and Muammar Gaddafi:
| Leader | Country | Defiance of the Dollar | Outcome |
| Saddam Hussein | Iraq | Switched oil sales to the Euro (2000). | 2003 Invasion; Executed. |
| Muammar Gaddafi | Libya | Proposed a Gold Dinar for African oil. | 2011 NATO Strike; Killed. |
| Nicolás Maduro | Venezuela | Traded in Yuan/Rubles; launched the “Petro” crypto. | 2026 U.S. Capture; Awaiting Trial. |
The “Don-Roe” Doctrine
During his press conference today, Trump invoked the 19th-century Monroe Doctrine—renaming his version the “Don-Roe Doctrine.” The message is clear: the U.S. will not tolerate foreign adversaries (China, Russia, Iran) holding a foothold in the Americas via “energy defiance.”
By capturing Maduro, the U.S. aims to:
- Re-Dollarize Energy: Ensure Venezuela’s massive reserves (the world’s largest) are traded exclusively in USD.
- Resource Control: Re-integrate Venezuelan heavy crude into U.S. Gulf Coast refineries, ending the reliance on “hostile” foreign imports.
- Deterrence: Send a message to the BRICS nations (specifically Iran and Russia) that attempting to bypass the dollar in the Western Hemisphere carries a military price.