US-Venezuela conflict: Crude shock worries grow worldwide, but India looks insulated — here's why
In the 2000s and 2010s, India imported vast amounts of crude oil from Venezuela, more than 400,000 barrels a day at the peak of this trade. But since US sanctions in 2019, those trade volumes have fallen sharply.
In the 2000s and 2010s, India imported vast amounts of crude oil from Venezuela, more than 400,000 barrels a day at the peak of this trade. But since US sanctions in 2019, those trade volumes have fallen sharply.
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