PM Modi, Venezuela's Rodríguez Vow to Expand Partnership Amid US Tensions
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Firstpost•30-01-2026, 22:53
PM Modi, Venezuela's Rodríguez Vow to Expand Partnership Amid US Tensions
- •PM Modi spoke with Venezuela's Acting President Delcy Rodríguez, pledging to deepen and expand bilateral cooperation.
- •Rodríguez assumed interim presidency after former President Nicolás Maduro's capture by the US on "narco-terrorism" charges.
- •The conversation holds strategic significance as the US eyes Venezuelan crude and has threatened tariffs on countries, including India, over trade directives.
- •The White House may allow India to buy Venezuelan oil under a new US-controlled framework, potentially reopening a stalled trade channel.
- •US officials confirm Venezuelan crude exports would be tightly regulated, marketed by the US government, with payments to controlled accounts.
Why It Matters: India and Venezuela aim to strengthen ties, navigating complex US sanctions and energy trade dynamics.
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