SENSEX
NIFTY
GOLD
USD/INR

Weather

image 13    C

Company News

Livemint

Company / Livemint

details

Mint Explainer: Why haven't oil prices crashed after US action in Venezuela?

While the removal of sanctions and the capture of President Nicolas Maduro theoretically unlock the worlds largest oil reserves and threaten to worsen the supply glut, oil prices haven't plummeted. Why is this, and what does it mean for India?

8 Jan 2026 3:16 pm