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Last Updated:June 05, 2026, 13:25 IST If even a fraction of Venezuela’s untapped oil wealth returns to global markets, it could reshape global energy trade and lower oil prices. The impact could be felt even in India For Washington, bringing more Venezuelan oil into global markets could help diversify supply and reduce pressure on prices….
Japan: Oil prices fell on Monday after a US military operation seized Venezuelan leader Nicolas Maduro, whose country has the world’s biggest proven crude reserves. Increased volumes of Venezuelan oil entering the market would add to oversupply concerns and put further pressure on oil prices, which have fallen in recent months. In morning trade in…
US Strikes Venezuela Live Updates: The capture of Venezuelan President Nicolas Maduro followed a dramatic escalation in long-simmering tensions between the United States and Venezuela, culminating in a large-scale US military operation in Caracas. For years, Washington has accused the Maduro government of enabling drug trafficking networks, dismantling democratic institutions, mismanaging Venezuela’s vast oil wealth,…