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The Economic Times

Economy / The Economic Times

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Venezuela readies larger oil cargoes for exports, targets India

Venezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows a recent deal between Venezuela and the United States. Deliveries to India are expected to increase significantly. Trading firms Vitol and Trafigura are involved in these operations. This marks a new phase for Venezuelan crude exports.

25 Feb 2026 12:09 am