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The Economic Times

Economy / The Economic Times

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Open to import of Venezuelan oil based on viability: MEA

India prioritizes energy security for its vast population. The government's strategy focuses on diversifying energy sources based on market conditions and global dynamics. India maintains open options for crude oil imports from Venezuela and other regions, considering commercial viability. Energy engagement with Venezuela has a long history, with crude purchases resuming in 2023-24 after a pause.

6 Feb 2026 12:10 am