US military action against Venezuela remains limited following the January 3, 2026 raid that captured Nicolás Maduro and his wife in a brief special operations strike involving Delta Force and air support. No sustained troop presence or additional ground entries have occurred since, with US officials stating that forces withdrew within hours and emphasizing cooperation with interim President Delcy Rodríguez on counter-narcotics efforts instead. Naval assets in the Caribbean have largely departed, while diplomatic steps such as the March resumption of embassy operations in Caracas signal de-escalation. Traders assign low probability to further entries by mid-2026 because structural barriers, including regional opposition and preference for targeted law enforcement over occupation, continue to outweigh escalation risks.