US Attack on Venezuela: India's Crisis? Oil, Trade, Citizens at Stake
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News18•03-01-2026, 16:26
US Attack on Venezuela: India's Crisis? Oil, Trade, Citizens at Stake
- •US military attacked Venezuela's capital Caracas; President Trump claimed Maduro detained, key airports/ports targeted.
- •Prolonged conflict could impact India's energy security, raising global oil prices and increasing India's import bill.
- •India-Venezuela trade (pharmaceuticals, agri products) and Indian investments (ONGC Videsh Ltd) face disruption, payment systems complicated.
- •India's foreign policy emphasizes sovereignty, dialogue, and protecting its 3000-5000 citizens in Venezuela.
- •India will balance strong US ties with strategic autonomy, advocating peaceful resolution over military intervention.
Why It Matters: US-Venezuela conflict poses challenges for India's energy, trade, citizens, and diplomatic balancing act.
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