From Grudging Respect to Unease: Moscow Considers the Ousting of Maduro.

A surprise raid on the capital in the dead of night, culminating in the capture of the nation's leader. By the next morning, the intervening power announces its intention to govern indefinitely.

That is precisely how Vladimir Putin imagined his full-scale invasion of Ukraine playing out in February 2022. In reality, it was the former US president who pulled it off in Venezuela, in a operation widely condemned by many, spiriting away the Kremlin's historic ally the Venezuelan president, who now faces trial in New York.

Public Fury, Private Calculations

Officially, Moscow's representatives have reacted with anger, denouncing the operation as a flagrant violation of international law and a dangerous precedent. Yet beyond the rhetoric, there is a sense of reluctant admiration – and even jealousy – at the efficiency of a power grab that Moscow itself once planned, but failed to execute due to a series of intelligence blunders and stiff Ukrainian opposition.

“The operation was carried out competently,” wrote the Kremlin-aligned online channel Dva Mayora. “Most likely, this is precisely the way our 'special military operation' was meant to unfold: swift, decisive and decisive. It’s hard to believe Russia's top general planned to be engaged in combat for this long.”

Such commentary have fueled a atmosphere of introspection among hardline commentators, with some publicly wondering how Moscow's anticipated lightning war in Ukraine morphed into a long and bloody conflict.

A pro-Kremlin tech entrepreneur, said she felt “shame” on behalf of her country given how audacious the US intervention seemed. “In the space of a day, the US detained Venezuela's leader and seemingly wrapped up his own 'military mission,’” she stated.

A Network Unravels

For over twenty years, Venezuela sought to cultivate a web of partners opposed to Washington – from Moscow and Beijing to Havana and Tehran – in the hope of forging a new axis capable of standing up to Washington.

Yet despite Moscow's top diplomat pledging support for Maduro's regime just in late December, hardly any experts ever expected Moscow would come to his rescue.

Mired in Ukraine, Russia has, recently, watched other key allies lose influence or deteriorate significantly – from Syria's leader to an increasingly weakened Iran – laying bare the limits of the Kremlin's global influence.

“For Russia, the circumstances are deeply uncomfortable,” said Fyodor Lukyanov. “Venezuela is a close partner and fellow traveler, and the two leaders have longstanding ties, forcing Moscow into no option but to voice condemnation. But offering any tangible support to a country so distant is simply not feasible – for technical and logistical reasons.”

Focus on the Main Front

There is also a more practical calculation. The Kremlin's main focus, experts note, is Ukraine – and maintaining a productive dialogue with the US administration on that issue greatly exceeds the fate of Caracas.

“Putin and Trump are currently focused on a much more significant issue for Moscow: Ukraine. And for all the Kremlin's sympathies towards Caracas, it is not going to jeopardize a much larger strategic game with a vital counterpart over what it sees as a secondary concern,” Lukyanov added.

Concrete Losses and Emerging Risks

Still, Russia's diminished role in Venezuela carries multiple concrete consequences for Moscow. If a pro-American administration were to emerge in Caracas, US defense specialists could examine large parts of the Venezuelan armed forces' arsenal, including sophisticated weaponry supplied by Russia.

This arsenal encompasses S-300VM air-defence systems sent over a decade ago, as well as an unknown quantity of Pantsir and Buk-M2 systems provided during late 2025.

Moscow has also provided billions in loans to Venezuela, much of which it is now unlikely ever to be recovered.

A more pressing concern for Moscow, however, is oil: US access to Venezuela's vast reserves could depress international oil prices, threatening one of Russia's key revenue streams.

“If our American 'friends' gain access to Venezuela’s oilfields, over 50% of the world’s oil reserves will end up under their control,” wrote Oleg Deripaska. “And it appears their plan will be to ensure that the price of our oil does not rise above $50 a barrel.”

A Dark Optimism

Still, some in Moscow perceive a grim silver lining. The US seizure of Maduro, they contend, could deal a final blow to the rules-based international order and usher in a more openly 19th-century-style world – one where power, rather than law, shapes outcomes.

“Team Trump is tough and cynical in pursuing its national interests,” wrote Dmitry Medvedev with endorsement. “Ousting Maduro had no connection to drugs – only oil, and they freely acknowledge it. The law of the strongest is clearly more powerful than ordinary justice.”

Robert Howard
Robert Howard

A seasoned financial analyst with over a decade of experience in forex and crypto markets, specializing in technical analysis and risk management.