Moving from Reluctant Admiration to Unease: Russia Weighs Up the Fall of Venezuela's Leader.

A unexpected operation on the capital in the dead of night, ending with the seizure of the country's president. By the next morning, the foreign force announces its intention to govern indefinitely.

That is precisely how Russia's president envisaged his large-scale offensive of Ukraine unfolding in early 2022. Instead, it was Donald Trump who pulled it off in Venezuela, in a operation labeled illegal by many, spiriting away the Kremlin's historic ally the Venezuelan president, who is set to be tried in New York.

Public Fury, Private Calculations

In public, Russian officials have reacted with anger, denouncing the operation as a flagrant violation of international law and a worrying development. Yet beyond the official statements, there is a sense of reluctant admiration – and even jealousy – at the effectiveness of a power grab that Russia once planned, but could not carry out due to a series of intelligence blunders and Ukraine's strong resistance.

“The operation was carried out competently,” noted the Kremlin-aligned online channel Dva Mayora. “In all probability, this is precisely the way our 'military campaign' was meant to proceed: fast, dramatic and decisive. It’s difficult to imagine [Valery] Gerasimov planned to be fighting for four years.”

These observations have fed a mood of soul-searching among pro-war voices, with some openly questioning how Moscow's anticipated lightning war in Ukraine morphed into a protracted and deadly conflict.

A pro-Kremlin tech entrepreneur, said she felt “shame” on Russia's behalf given how brazen the American action appeared to be. “In the space of a day, Trump arrested Maduro and apparently concluded his own 'special military operation,’” she stated.

A Network Unravels

For over twenty years, Venezuela worked to build a web of partners opposed to Washington – from Moscow and Beijing to Havana and Tehran – hoping to helping to shape a new axis capable of standing up to Washington.

However, even with Moscow's top diplomat pledging support for Maduro's regime as recently as late December, few serious analysts ever expected Moscow would intervene meaningfully.

Bogged down in Ukraine, Russia has, recently, seen other key allies fall from power or deteriorate significantly – from Bashar al-Assad to an ever-more fragile Iran – laying bare the constraints of the Kremlin's reach.

“For Russia, the circumstances are profoundly awkward,” said a foreign policy analyst. “Venezuela is a close partner and fellow traveler, and Maduro and Putin have longstanding ties, forcing Moscow into little choice but to express outrage. Yet providing any real assistance to a country so far away is simply impossible – for practical and operational reasons.”

The Ukraine Priority

Analysts point to a deeper strategic consideration. The Kremlin's main focus, analysts say, is Ukraine – and keeping a productive dialogue with Trump on that front greatly exceeds the fate of Caracas.

“The Russian and American leaders are presently engaged with 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 critical partner over what it sees as a secondary concern,” Lukyanov added.

Concrete Losses and Emerging Risks

Nevertheless, Russia's loss of Venezuela carries several tangible costs for Moscow. If a US-friendly government were to emerge in Caracas, American military specialists could examine large parts of the Venezuelan armed forces' arsenal, including advanced Russian-made systems.

Those include S-300VM anti-aircraft systems delivered in 2013, as well as an undisclosed number of Pantsir and Buk-M2 systems transferred in late 2025.

Moscow has also extended 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: American control over Venezuela's enormous oilfields could depress international oil prices, threatening one of Russia's most important sources of income.

“If our American 'partners' secure Venezuela’s oilfields, more than half of the world’s oil reserves will end up under their control,” wrote a prominent Russian billionaire. “And it appears their plan will be to ensure that the price of our oil does not exceed $50 a barrel.”

A Bleak Silver Lining?

Yet, some in Moscow see room for a grim silver lining. Trump's kidnapping 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 might, rather than rules, shapes outcomes.

“Team Trump is tough and cynical in pursuing its national interests,” wrote Russia's former president with endorsement. “Removing Maduro had no connection to drugs – only oil, and they freely acknowledge it. The principle of might makes right is clearly more powerful than international law.”

Dennis Fox
Dennis Fox

A financial analyst with over a decade of experience in forex and stock trading, specializing in technical analysis.