SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Rust, power cuts and delays: Inside Venezuelas oil export crisis

Venezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing operations considerably. Equipment failures and power outages plague key terminals, especially Jose. This congestion limits overseas shipments despite increased crude production. Infrastructure upgrades are crucial for Venezuela's oil export revival.

21 Aug 2026 5:25 pm