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The Times of India News

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US strikes Venezuela: What it means for oil supply and prices? Impact on India

Global oil markets have to be watching closely after US strikes on Venezuela. However, early signs indicate minimal disruption. Venezuela's oil exports were already limited by US sanctions. India's dependence on Venezuelan oil is low, with minimal trade and some investment. The US plans significant involvement in Venezuela's oil industry.

3 Jan 2026 8:07 pm