Tag: Venezuela Oil
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Oil Prices in India: Will a US-Venezuela War Spike Costs?
Overview: A geopolitical shock and its ripple effects Global oil markets are highly sensitive to geopolitical risk, sanctions, and supply disruptions. If the United States escalates against Venezuela, one of the world’s former majeure sources of heavy crude, India could see changes in price dynamics, import costs, and inflation. While India imports a broad mix…
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Will Oil Prices Rise in India if the US Goes to War with Venezuela? Analyzing the Risk
Overview: A hypothetical conflict and India’s oil exposure Geopolitical tensions intensifying around Venezuela—and potential US military action—have the potential to disrupt crude supply routes and influence global oil prices. For India, which imports a large share of its crude, a spike in prices could translate into higher fuel costs, inflationary pressure, and broader economic impacts.…