US tariffs on Venezuelan oil impact India's crude trade, as refiners halt purchases due to sanctions and market uncertainty.
India halted oil imports from Venezuela in 2019 after the US imposed sanctions but resumed purchases in December 2023 ...
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US Sanctions on Venezuela to Impact India's Biggest Oil ExplorerONGC Videsh had invested in Venezuela’s oil sector and held a 40% stake in the San Cristobal field in eastern Venezuela’s Orinoco Heavy Oil belt, along with an 11% stake in the Carabobo area-1 ...
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