Modi Meets Venezuela's Rodríguez on Oil Supplies as Iran War Disrupts India's Crude Flows

3 articles · Updated · Bloomberg · Jun 2

This week’s Modi-Rodríguez meeting will center on energy security, with India looking to secure alternative crude supplies as the Iran war disrupts existing flows.
India’s foreign ministry said the talks will cover the full India-Venezuela relationship, with energy expected to dominate alongside trade, investment, pharmaceuticals and health care.
Venezuela’s outreach gives India another option to diversify imports at a time when conflict-linked supply risks are reshaping buying patterns across global oil markets.

Sources

Left60%

Right40%

Can Venezuela's oil solve the energy crisis when it faces over $150 billion in its own crippling debt?

Is Venezuela's oil revival a true recovery or a strategic play managed entirely by the United States?