US attacks Venezuela: Will the crisis have any ‘meaningful impact’ on India? GTRI advises caution – The Times of India

India is unlikely to be affected by the ongoing crisis in Venezuela, in terms of material economy or energy, the Global Trade Research Initiative (GTRI) assured in a note. Although it was once a major buyer of Venezuelan crude, the think tank highlighted that New Delhi has reduced shipments from the South American country in […]

The oil market can absorb the Maduro shock as global supply increases

While the arrest of Venezuelan President Nicolas Maduro following US airstrikes marks a seismic geopolitical development, early signals suggest the global oil market will largely adopt the move.Venezuela’s oil infrastructure was not affected after a series of US attacks in Caracas and other states, according to people with knowledge of the matter. Key facilities such […]