‘Conflict in Venezuela Is About Oil’: Experts Say India Unaffected but Global Tensions May Rise

‘Conflict in Venezuela is about oil’: Experts say India unaffected but global tensions may rise

Experts say the recent US strike on Venezuela is driven by minerals and oil, not democracy. Former MoS, MEA, MJ Akbar highlighted that Venezuela holds the largest proven oil reserves in the world, even bigger than Saudi Arabia, while Former Indian Ambassador to Venezuela R. Viswanathan assured that India’s trade and oil exposure is minimal, so the country is largely unaffected.

India’s economic interests in Venezuela minimal, not dependent for oil: Industry watchers

New Delhi, Jan 3 (IANS) As several countries across the globe criticised the US military attack on Venezuela on Saturday, industry watchers said that India’s economic interests in the South… Continue reading India’s economic interests in Venezuela minimal, not dependent for oil: Industry watchers The post India’s economic interests in Venezuela minimal, not dependent for oil: Industry watchers first appeared on Australia India News.

MJ Akbar criticizes US attack on Venezuela over oil reserves

Former MoS MEA (Minister of State in the Ministry of External Affairs) MJ Akbar has said that the current US attack on Venezuela's capital, with the claimed capture of the Venezuelan President Nicolas Maduro, was not about democracy or progress, but more about minerals and oil.