Gulf crisis drives India-Venezuela oil partnershipPublished on: June 4, 2026 9:32 PM
Pakistan, June 4 -- India and Venezuela moved to deepen energy cooperation on Thursday as global oil supplies face disruption from the Middle East crisis. The talks highlighted Venezuela's growing importance to India's energy security strategy amid concerns over supply routes. The development matters for global energy markets and major oil-consuming economies facing uncertainty.
Venezuelan interim President Delcy Rodriguez met Indian Prime Minister Narendra Modi in New Delhi during a high-level visit. Officials from both countries discussed cooperation in upstream and downstream energy projects. India said Venezuela considers it a preferred partner in the energy sector and expressed interest in expanding collaboration.
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