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Cheap heavy crude piles up in Americas as tanker costs soar, squeezing global oil trade

Cheap US crude is piling up as tanker costs soar – What it means for India

Heavy crude oil is accumulating in the Americas as soaring tanker costs hinder shipping to Asia and Europe, despite price…

October 13, 2026 12:21 IST

Inside the US-Venezuela oil deal: Will 65 billion barrels lower gas prices?

The US and Venezuela have agreed on a historic oil deal granting the US majority control of over 65 billion…

Updated: September 1, 2026 10:50 IST

US-Venezuela Oil Deal: What It Means for Global Oil Prices

Trump’s ‘biggest oil deal in history’ with Venezuela — How will it impact global markets?

US President Donald Trump announced a historic oil agreement with Venezuela, granting the US majority control over 65 billion barrels…

August 30, 2026 08:48 IST

‘Biggest oil deal’: Trump claims ‘historic’ 65bn barrel Venezuelan oil agreement

Donald Trump announced a historic US-Venezuela oil deal granting the US control over billions of barrels, promising $100 billion investment…

August 29, 2026 12:38 IST

Venezuela Acting President Delcy Rodríguez.

Venezuela’s Acting President Delcy Rodríguez’s India visit aims to revive oil, pharma and renewable partnerships

Delcy Eloina Rodríguez is travelling with a high‑level delegation that includes Venezuela’s ministers of Foreign Affairs, Economy and Finance, Science…

June 3, 2026 10:48 IST

Venezuela Beats Russia on Price, But India’s Oil Reality Doesn’t Change

Venezuelan crude becomes India’s third-largest oil source, now cheaper than Russian oil — But there’s a catch

Venezuelan crude has become cheaper than Russian oil delivered to Indian ports, a reversal that would have seemed impossible just…

Updated: May 29, 2026 07:24 IST

Marco Rubio India visit: US eyes stronger energy partnership with New Delhi

US ‘wants to sell India as much energy as they can buy,’ says Rubio, eyes Venezuelan oil

Ahead of his India visit, Marco Rubio said the US wants to expand energy cooperation with New Delhi and play…

Updated: May 22, 2026 13:25 IST

Reliance buys Venezuelan oil from Chevron after 3 years

Reliance Industries buys Venezuelan oil from Chevron for the first time in 3 years

Reliance Industries has bought Venezuelan crude from Chevron for the first time in nearly three years. Venezuela’s oil exports jumped…

February 25, 2026 10:55 IST

US envoy Sergio Gor confirmed active talks between Washington and New Delhi on supplying Venezuelan oil to India

India-US negotiating Venezuelan oil sale, final trade deal to be signed soon: Report

US and India discuss Venezuelan oil sales to diversify India’s crude sources, tied to tariff cuts under a pending trade…

February 20, 2026 15:28 IST

India Rejects Trump’s Claim of Halting Russian Oil Purchases

India reaffirms energy security as ‘supreme priority’; open to Venezuelan oil on commercial merits

India has officially responded to President Donald Trump’s assertions that New Delhi agreed to stop buying Russian oil as part…

February 6, 2026 00:00 IST

Reliance Industries has bought 2 million barrels of Venezuelan oil from trader Vitol,

Reliance Industries purchases 2 million barrels of Venezuelan crude oil: Report

Reliance Industries bought 2 million barrels of Venezuelan crude at a discount, as India reiterated its openness to diversified oil…

February 5, 2026 18:18 IST

Will India stop buying Russian oil? MEA clarifies India’s ‘core strategy’

Prime Minister Narendra Modi also spoke with acting Venezuelan President Delcy Rodriguez on Friday and agreed to “further deepen and…

February 5, 2026 16:44 IST

ndian Foreign Ministry spokesperson Randhir Jaiswal said that India is open to buying oil from nations including Venezuela

India open to buying oil from Venezuela depending on ‘commercial viability’: Foreign Ministry

India remains open to buying Venezuelan oil based on commercial viability, with energy security and diversification guiding its crude sourcing…

February 5, 2026 16:23 IST

From Russia to Venezuela: What are India’s prospects of making major oil pivot backed by Trump?

Trump is keen on India switching out Russian and Iranian oil imports with Venezuelan oil purchases. Here’s what that means…

February 3, 2026 11:32 IST

‘I’m not Trump’s press secretary!’: P Chidambaram’s viral clapback to India-Venezuela oil question

Former Finance Minister P Chidambaram shut down bait on Trump and Venezuelan oil with a witty comeback during a post-Budget…

Updated: February 2, 2026 08:26 IST

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