Venezuela Oil May Replace Russian Crude for India
India seeks Venezuelan oil as Russian supplies dwindle. With 303 billion barrels in reserves, Venezuela could become India's new affordable energy partner.
India seeks Venezuelan oil as Russian supplies dwindle. With 303 billion barrels in reserves, Venezuela could become India's new affordable energy partner.
Former President Donald Trump reveals the US is working closely with Venezuela to supply millions of barrels of oil to American refineries, aiming to enhance energy security.
The US, the world's largest oil producer, still relies on imports of heavy sour crude. Discover why Venezuelan oil is key to American refineries and the complex geopolitics shaping this energy dependence. Read the full analysis.
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
Russian oil major Lukoil plans to sell significant international assets as Western sanctions cripple operations. Discover which refineries and petrol stations face divestment.