US-Venezuela military engagement remains unlikely by year-end

Tensions between the United States and Venezuela have remained a focal point in regional politics. While diplomatic relations are strained, direct military confrontations between the two nations have been infrequent. The U.S. maintains a presence in the region, and Venezuela has its own defense apparatus, creating a potential for friction. However, as of the current market period, there have been no reported incidents that meet the definition of a military engagement as outlined by the market's resolution criteria. This includes direct use of force such as missile strikes, artillery fire, or exchanges of gunfire between the military forces of both countries.