• Tense capital: Gunfire and anti-aircraft fire were seen over Caracas as the Venezuelan capital remains on edge following the US capture of President Nicolás Maduro. A Venezuelan ministry said police fired at drones that were “flying without permission.” Sigue nuestra cobertura en español.

• Maduro’s plea: The ousted Venezuelan leader and his wife pleaded not guilty to drug and weapons charges in a New York courtroom. A defiant Maduro told the judge he had been kidnapped in Caracas.

• Who is in charge? Maduro ally Delcy Rodríguez was sworn in as acting president, as US President Donald Trump repeated his claim that he is in charge of Venezuela.

• Trump’s threats: Trump also issued warnings to other countries, saying he could take military action in Colombia, told Mexico to get its “act together” on drugs and said the US “needs Greenland.”

Ousted Venezuelan President Nicolás Maduro is making his first court appearance in New York after his capture following a US operation on Saturday. He is facing drug and weapons charges.

Here’s what we can expect from today’s hearing, according to CNN’s senior legal analyst Elie Honig.

Energy and oil stocks jumped higher Monday as investors assessed the prospect of US companies gaining access to Venezuela’s oil reserves and the country’s drilling potential.

Oil stocks’ gains reflect expectations that US companies might benefit as President Donald Trump says the US will revamp Venezuela’s oil industry.

While oil stocks surged, oil prices rose by roughly 1.3%. Venezuela’s beleaguered oil infrastructure and the challenges associated with ramping up production make the recent developments less consequential for global oil markets.

“Venezuela’s global economic importance has diminished significantly over the past 50 years,” Neil Shearing, group chief economist at Capital Economics, said in a note.

“In theory, Venezuela could again become a major producer,” Shearing said. “But theory and reality diverge sharply … Venezuela’s oil infrastructure has also been heavily degraded by decades of underinvestment and much of Venezuela’s oil is extremely heavy, making it relatively costly to extract and process.”

The capture of Venezuela’s President Nicolas Maduro was a “law enforcement operation,” the United States envoy to the United Nations said Monday, stressing that the US is “not occupying a country.”

Mike Waltz described US military action in Venezuela on Saturday as a “surgical law enforcement operation facilitated by the US military against two indicted fugitives of American justice: narco-terrorist Nicolas Maduro and (his wife) Cilia Flores.”

He told a UN Security Council meeting that Maduro is “responsible for attacks on the people of the United States, for destabilizing the western hemisphere and illegitimately repressing the people of Venezuela.”

“There is no war against Venezuela or its people. We are not occupying a country,” Waltz said.

The envoy said that US President Donald Trump – who said Saturday that the US will “run” Venezuela until a “safe, proper and judicious transition” can be ensured – had “(given) diplomacy a chance,” which he claimed Maduro failed to take.

“The United States wants a better future for Venezuela. We believe a better future for the people of Venezuela and for the people of the region and the world is stabilizing the region and making the neighborhood that we live in a much better and safer place,” Waltz said.

Russia’s envoy to the United Nations on Monday called for the United States to release Venezuela’s President Nicolas Maduro, and warned that Washington’s actions could usher in a new era of colonialism and imperialism.

“The assault against the leader of Venezuela… has become a harbinger of a turn back to the era of lawlessness and US domination by force,” Vasily Nebenzya said at a meeting of the UN Security Council.

Russia condemned the “US act of armed aggression against Venezuela” and called for Washington “to immediately release the legitimately elected president of an independent state and his spouse,” Cilia Flores.

“Washington is generating fresh momentum for neocolonialism and for imperialism, which were repeatedly and decisively condemned and repudiated by the peoples of this region and by the global south as a whole… The bell now tolls across the region, ringing for every country of the Western Hemisphere,” Nebenzya said.