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India’s oil imports to be disrupted as US-Venezuela tensions escalate – Diligentia Services

India’s oil imports to be disrupted as US-Venezuela tensions escalate

Indian imports of cheap Venezuelan oil, the country’s fifth-biggest crude supplier in 2019, may face disruptions from April as the US and the South American country are embroiled in a dispute over renewing a six-month permission for crude exports. Uncertainty over Venezuelan supplies for Indian refiners comes amid reduced discounted Russian flows also targeted by the US