The share prices of U.S. oil companies surged following the Trump administration’s attack on Venezuela and abduction of its president, Nicolás Maduro. In public statements, Trump has been clear about his desire to reassert U.S. corporate control over Venezuela’s nationalized oil industry. Now with Trump’s show of force over Venezuela’s political sovereignty, many investors see the potential for a similar overpowering of the socialist country’s economic independence.

Zeteo’s Mehdi Hasan outlines Donald Trump’s “Donroe Doctrine,” a throwback foreign policy exemplified by the Trump administration’s shocking intervention in Venezuela. With his claims of U.S. sovereignty over nations in the Western Hemisphere, “Trump’s basically saying, ‘Well, this is ours, and China, Russia can have their spheres of influence.’ And it is very 19th-century-esque. ’Let’s divide up the world between the powers.’” This orientation is a major shift from U.

Zohran Mamdani hailed “a new era” for New York on Thursday, promising in his inaugural address to deliver on the ambitious agenda that electrified progressives in the city and saw him defeat the political establishment in both the Democratic primary and the general election last year. Addressing thousands of supporters who braved freezing temperatures to attend the ceremony at City Hall, Mamdani vowed to “govern expansively and audaciously” for residents.

Democracy Now! discusses the attack on Venezuela with two Venezuelan American scholars: Alejandro Velasco, an associate history professor at New York University, and Miguel Tinker Salas, emeritus professor of history at Pomona College. The professors react to President Trump’s comments on the presence of oil in the region and claims that Venezuela had “stolen” oil from U.S. companies.

The Trump administration did not seek congressional authorization prior to attacking Venezuela, as is required by the Constitution. It also violated “probably the first principle of international law … that countries have to respect their neighbors, and they can’t simply invade a neighbor or any other sovereign nation because they don’t like the way they are running things there,” says law professor David Cole.