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

A unexpected operation on the capital under cover of darkness, ending with the capture of the country's president. By the next morning, the foreign force announces its intention to govern for an indefinite period.

That is precisely how Vladimir Putin envisaged his full-scale invasion of Ukraine playing out in early 2022. Instead, it was the former US president who pulled it off in Venezuela, in a move labeled illegal 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, condemning the attack as a blatant breach of global norms and a worrying development. Yet beyond the rhetoric, there is a feeling of reluctant admiration – and even envy – at the efficiency of a power grab that Russia once planned, but failed to execute due to critical intelligence failures and Ukraine's strong resistance.

“The operation was carried out competently,” noted the pro-Kremlin Telegram channel Dva Mayora. “In all probability, this is exactly how our 'special military operation' was supposed to proceed: swift, dramatic and conclusive. It’s hard to believe Russia's top general planned to be fighting for four years.”

Such commentary have fed a atmosphere of soul-searching among hardline commentators, with some publicly wondering how Moscow's anticipated lightning war in Ukraine turned into a protracted and deadly war.

A pro-Kremlin tech entrepreneur, said she felt “shame” on behalf of her country given how brazen the US intervention appeared to be. “Within 24 hours, the US detained Venezuela's leader and apparently concluded his own 'military mission,’” she wrote.

A Network Unravels

For more than two decades, Venezuela worked to build a network of partners opposed to Washington – from Russia and China to Havana and Tehran – in the hope of forging a new axis able to challenge Washington.

However, even with Moscow's top diplomat vowing backing for the Caracas government as recently as late December, hardly any experts ever believed Moscow would intervene meaningfully.

Mired in Ukraine, Russia has, over the past year, seen other important partners fall from power or weaken sharply – from Syria's leader to an increasingly weakened Iran – laying bare the constraints of the Kremlin's global influence.

“For Russia, the situation is profoundly awkward,” said a foreign policy analyst. “Venezuela is a close partner and fellow traveler, and the two leaders have longstanding ties, forcing Moscow into little choice but to voice condemnation. But offering any tangible support to a country so distant is simply impossible – for practical and operational reasons.”

Focus on the Main Front

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

“Putin and Trump are currently focused on a far more consequential issue for Moscow: Ukraine. And for all the Kremlin's goodwill towards Caracas, it is unlikely to upend a broader geopolitical contest with a critical partner over what it sees as a lesser priority,” the analyst concluded.

Concrete Losses and Emerging Risks

Nevertheless, Russia's loss of Venezuela carries multiple concrete consequences for Moscow. If a US-friendly government takes power in Caracas, US defense specialists could gain access to large parts of the Venezuelan military's equipment, 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 transferred in late 2025.

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

A greater immediate worry for Moscow, however, is oil: US access to Venezuela's vast reserves could push global prices lower, threatening one of Russia's most important sources of income.

“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 a prominent Russian billionaire. “And it appears their strategy is to ensure that the price of our oil does not rise above $50 a barrel.”

A Bleak Silver Lining?

Still, some in Moscow perceive a grim silver lining. Trump's kidnapping of Maduro, they argue, could deal a final blow to the rules-based international order and pave the way for a more openly 19th-century-style world – one where power, rather than rules, shapes outcomes.

“Team Trump is ruthless and pragmatic in advancing its country's interests,” wrote Dmitry Medvedev with endorsement. “Removing Maduro had no connection to drugs – only oil, and they openly admit this. The principle of might makes right is evidently more powerful than ordinary justice.”

Theresa Nielsen
Theresa Nielsen

A certified financial planner with over 15 years of experience in investment banking and personal wealth management.