Tens of thousands of protesters hit the streets again on Wednesday and clashed with security forces after fruitless bid to oust Maduro

Clashes have broken out between protesters and Venezuelan security forces as tens of thousands of protesters returned to the streets one day after a dramatic but so far fruitless bid to force Nicolás Maduro from power by triggering a massive military rebellion.

Juan Guaidó, the young opposition leader who led that attempted mutiny on Tuesday morning, told demonstrators in the capital, Caracas, they needed to intensify their “peaceful rebellion” against Maduro.

Nicolás Maduro retains power and support from country’s military top brass but the opposition challenge is not dead

When Venezuela’s Juan Guaidó appeared outside one of the most important military installations in Caracas on Tuesday flanked by defecting soldiers toting assault rifles, many supporters hoped the game was finally up for Nicolás Maduro and his embattled regime.

“The time is now,” Guaidó announced in his dramatic pre-dawn declaration, calling on Venezuela’s armed forces to turn on their Chavista commander-in-chief.

The Venezuelan president, Nicolás Maduro, and the opposition leader, Juan Guaidó, have both taken to the airwaves to claim the advantage after a day of violence and political turmoil. Portraying the events of Tuesday as a US-backed military coup, Maduro insisted his opponent had already been defeated, while Guaidó called for Venezuelans to take to the streets again

• Venezuela crisis: Maduro claims victory over 'deranged' coup attempt

President blames Trump imperialists and ‘coup-mongering far right’ for plot put down by military

Nicolás Maduro claimed his troops have thwarted a botched attempt to topple him masterminded by Venezuela’s “coup-mongering far right” and Donald Trump’s deranged imperialist “gang”.

In an hour-long address to the nation on Tuesday night – his first since the pre-dawn uprising began – Maduro accused opposition leader Juan Guaidó and his political mentor Leopoldo López of seeking to spark an armed confrontation that might be used as a pretext for a foreign military intervention.

In first appearance since rebellion lead by Juan Guaidó, president calls for applause for ‘obedient’ armed forces. Follow updates

• Guaidó supporters take to Venezuela’s streets in new bid to oust Maduro
• US pressures Maduro officials to defect in gambit to tip power struggle

4.15am BST

I am wrapping up this blog shortly.

Tom Phillips has filed a new story on the latest goings-on which he leads with Maduro’s claim that a coup attempt by Juan Guaidó has been defeated. You can read that here:

Related: Venezuela crisis: Maduro claims victory over 'deranged' US-backed coup attempt

4.06am BST

Away from the immediate politics, it’s worth looking at what is happening with the price of oil – Venezuela’s main export and in many ways the source of much of the trouble engulfing the country.

Crude prices dipped in early trade in Asia on Wednesday thanks to a report showing that US inventories were higher than exppected. Spot Brent crude futures, the international benchmark, were at $71.65 per barrel at 01.43 GMT, down 41c, or 0.6%, from their last close.

Related: $100 a barrel? Will Iran sanctions and Venezuela crisis bring oil price spike?