Washington: The United States has indicated it is open to the idea of Venezuelan crude being sold to India, a significant shift that reflects evolving geopolitical and energy dynamics. A senior White House official said discussions are underway about making Venezuelan oil available to meet India’s growing energy needs, signalling possible cooperation between the three countries.
The proposal emerges as the US and Venezuela gradually normalise relations following years of diplomatic strain. Washington has eased certain sanctions on Caracas, creating space for Venezuelan crude to re‑enter global markets more freely. At the same time, India’s voracious appetite for energy imports, particularly oil, has pushed it to diversify sources, and Venezuelan oil presents an attractive option given its heavy crude quality and competitive pricing.
In recent months, representatives of the US, Venezuela and India have engaged in talks exploring how such an arrangement might be structured, balancing energy security with broader strategic considerations. The White House official noted that the discussions aim to align mutual interests, deepen cooperation and support stability in the global oil market.
The move would require careful navigation of existing regulatory frameworks and economic sanctions that have historically limited Venezuelan exports. The US would likely play a facilitating role, ensuring that any oil shipments to India comply with current legal and policy parameters while advancing its broader diplomatic objectives in the Western Hemisphere.
India has not formally committed to purchasing Venezuelan crude under this potential arrangement, but its energy planners are understood to be evaluating the economic and logistical implications. Such a deal could bolster India’s energy security while providing Venezuela with a valuable source of foreign exchange amid ongoing economic challenges.
The White House’s openness to this idea marks a noteworthy development in international energy cooperation, reflecting shifting priorities and the search for pragmatic solutions to meet demand and foster strategic partnerships.
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