Category : Search result: Venezuelan oil


Reliance May Buy Venezuelan Oil Again

Reliance Industries is reportedly considering resuming Venezuelan crude oil purchases. This follows a halt in March 2026 after US tariffs. Explore the potential impact on India's energy sector.

UPSC Economy Quiz: Test Your Knowledge on Key Topics

Ace your UPSC Prelims 2026 prep with this essential Economy quiz. Test your knowledge on thorium reserves, global trade reports, Venezuelan crude oil, and India's mango production. Revise crucial static topics now!

US Captures Russian Tanker Carrying Venezuelan Oil

The US has seized a Russian-flagged oil tanker linked to Venezuela in the North Atlantic for sanctions violations. The move escalates Trump's global crackdown days after Maduro's capture. Full details inside.

US Announces Venezuela Energy Deal Post-Maduro Capture

Following the capture of Venezuelan President Nicolas Maduro, the US announces a historic energy initiative to stabilise Caracas's oil sector and allow its crude into global markets under US oversight. Read the full details.

US Rolls Back Venezuela Sanctions for Energy Deal

The US announces a selective rollback of sanctions on Venezuela, granting a license for crude oil sales. This major policy shift aims to boost global supply and follows a deal between Maduro's government and the opposition. Read the full details.

US Outlines 3-Phase Venezuela Plan, Seizes Oil

US Secretary of State Marco Rubio details a post-Maduro plan for Venezuela: stabilisation, recovery, and transition. US to seize and sell 30-50 million barrels of stranded oil. Read the full strategy.

US to get 50M barrels of Venezuelan oil, Trump says

US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.

US Venezuela Oil Grab Meets China's Falling Demand

The US action to arrest Maduro and seize Venezuela's oil aims to curb China's influence. However, China's shrinking crude demand and teapot refiners' struggles pose a major hurdle for any revival. Read the full analysis.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

US Forces Capture Venezuela's President Maduro

In a dramatic military operation, US forces captured Venezuelan President Nicolás Maduro. This analysis explores the strategic motives behind the move, from oil reserves to the 'Donroe Doctrine'. Read more.

Venezuela Attack: Trump's Oil Ambition the Real Motive?

A recent attack on a Venezuelan military base raises questions about its true objective: oil. Analysis suggests a link to former US President Trump's long-stated desire for Venezuela's vast reserves. Read the full investigation.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

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