Meanwhile, Trump administration officials visited Venezuela this week, where US Interior Secretary Doug Burgum met with acting Venezuelan President Delcy Rodriguez to discuss oil and mineral opportunities. Burgum leads Trump's National Energy Dominance Council.
US President Donald Trump on Friday (local time) said the United States will refine Venezuelan oil in Texas for export, calling the plan beneficial for both nations and promising to help "build their country, which was a disaster."
India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela as a long-standing energy partner, noting India's pragmatic, market-driven approach to securing crude supplies.
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
Speaking to ANI on the Kerala elections, Tharoor said, "I think it's absolutely indispensable that there should be a change of government. The Left has been ruling for 10 years now, and they just proposed a budget a couple of days ago, which was completely based on funds they don't have,
Senior Congress leader and MP Shashi Tharoor on Sunday raised concerns over the Union Budget 2026, pointing to a sharp drop in funding for the Chabahar port as a sign of India's shifting strategic priorities under international pressure.
Addressing reporters aboard Air Force One, he said, "China is welcome to come in and make a great deal on oil. We've already made a deal. India is coming in, and they're going to be buying Venezuelan oil as opposed to buying it from Iran. So, we've already made the concept of the deal."
Prime Minister Narendra Modi received a telephonic call from Venezuelan Acting President Rodriguez on Friday and the two leaders discussed deepening cooperation across areas like trade, investment, energy, digital technology among others.
Trump signed an order threatening tariffs on countries supplying oil to Cuba, escalating pressure on Havana. Mexico paused shipments, calling it a sovereign decision. With Venezuelan oil halted, Cuba faces worsening shortages, as Washington hardens its stance and Havana rejects US pressur
US President Donald Trump announced Venezuela's commercial airspace will reopen, allowing Americans to travel. He ordered officials to act by Thursday. The move follows US military action, Maduro's capture, and renewed oil engagement, including a USD 500 million sale, amid easing tensions
Speaking to oil workers in the coastal city of Puerto La Cruz, Rodriguez said Venezuelan politics should be resolved internally, without foreign interference.