Sunday, January 4, 2026

US control of Venezuelan oil may unlock $1 bn stuck dues for India, lift output

India was once a major processor of Venezuelan heavy crude, importing more than 4 lakh barrels per day at peak levels, until sweeping US sanctions and rising compliance risks forcibly shut down purchases in 2020.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/iG0ZlW9

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