US Attack Venezuela: What US' Strike On Venezuela Means For Oil Supply? How Will It Impact India

Описание: US Attack Venezuela: What US' Strike On Venezuela Means For Oil Supply? How Will It Impact India

As US carried out strikes on Venezuela, global oil markets are closely watching for any fallout. Through early signals point to limited disruption so far. Venezuela holds some of the world's largest proven oil reserves raising concerns that military action could disrupt global oil movements. However, crude markets have remained subdued as country's oil exports were already constrained by US sanctions. Reportedly, oil production and refining operations were running normally and had not suffered much damage. For India, the impact is expected to be minimal as India is not dependent on Venezuelan oil and trade between the two countries remains limited.

#usnews #venezuelanews #nicolasmaduro #worldnews

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