A US-led takeover of Venezuela’s oil sector could significantly benefit India, potentially recovering nearly $1 billion in long-pending payments and reviving crude production from fields operated by Indian firms. With US sanctions eased, ONGC Videsh Ltd could restart operations at the San Cristobal oilfield, boosting output and allowing for the recovery of dues.
Related Posts
South Korea opposition leader Lee Jae-Myung announces presidential bid
South Korea’s opposition leader Lee Jae-myung announced his presidential bid to succeed President Yoon Suk Yeol’s after his impeachment. Emphasising economic reform and pragmatic diplomacy, […]
How can Pakistan reach T20 WC semi-final after England defeat?
Pakistan’s semi-final hopes remain alive despite losing to England, who qualified after Harry Brook’s century chase of 164. Pakistan have one point from two games […]
‘Against Indian Muslims’: JD(U) leader resigns over party’s stand on Waqf Bill
Senior JD(U) leader Mohammed Qasim Ansari resigns, citing the party’s support for the Waqf Amendment Bill 2024. Accusing JD(U) of betraying secular principles and violating […]