Title: India Pursues Stronger Energy Partnership with Venezuela Following Rodríguez-Modi Talks

In New Delhi on Thursday, June 4, 2026, Venezuelan Acting President Delcy Rodríguez met with Indian Prime Minister Narendra Modi at Hyderabad House. The diplomatic encounter underscores India’s strategic push to diversify its crude oil imports. This shift in sourcing is driven by recent geopolitical disruptions; specifically, the ongoing conflict with Iran has obstructed the Strait of Hormuz. Previously, this critical maritime chokepoint facilitated the delivery of nearly 40% of India’s oil supplies.

Source: Bloomberg Generated at: 2026-06-04 10:32:54 UTC