(NewsNation) — Economists are keeping a close eye on the oil markets after U.S. forces captured Venezuela’s president, Nicolás Maduro, during an overnight strike.

While the U.S. has reduced its oil imports from Venezuela in recent years, the country still holds the largest proven oil reserves in the world. This has sparked concerns that global supply could be impacted, leading to a potential climb in oil prices.

This airstrike comes as both Brent Crude and West Texas Intermediate oil futures have started to creep up due to sanctions on Venezuela and recent tanker seizures in the Caribbean. Since the Trump administration announced it would seize Venezuelan tankers in December, West Texas Intermediate oil futures have increased by about 4%. Brent Crude has also seen a similar increase, up 3.5 % over the past two weeks.

One of the sectors that could be disproportionately hurt by these military actions in Venezuela is trucking. Venezuela produces a very particular type of oil, one that is typically refined into diesel fuel. That could have a domino effect on the consumer. As the cost of transporting goods goes up, the overall cost of the goods could increase as well.

Another sector that could feel the pinch is the airline industry. That same Venezuelan oil that powers millions of diesel-powered trucks is also commonly refined and used as “Jet A,” the fuel that powers every airliner from every airline in the U.S. and around the world.

All these price impacts will come from external sources, namely, markets overseas. Over the past 20 years, the U.S. has reduced imports of Venezuelan oil by nearly 90%, so while it will likely not be a supply issue for the U.S., it could still cause prices at the pump to rise.

Gas prices are at a nearly five-year low nationwide. According to AAA, the national average price for a gallon of unleaded sits at $2.82. That’s a 9% drop just over the past six weeks, which covers the busy period between Thanksgiving and Christmas, typically two of the most expensive driving holidays of the year.

University of Texas energy analyst Michael Webber tells NewsNation a number of factors are playing into the recent drop in gas prices, including most other sectors of the economy weakening.

“There are two reasons why gasoline prices are so low. One is that the demand is lower overall because of electric vehicles, because of work-from-home policies, because of a struggling economy overall,” Webber said. “But also because the price of oil is very low globally.”

Webber added that when there is a lot of oil being produced, as there is right now, doubled with low demand, the prices will be lower.