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business

Trump admin wants to sell Venezuela oil to India, but how much can it buy?

Confidence78·developingImportance88NP-EVT-20261110-CAC485D

India’s attraction for the US lies in its sophisticated refining capacity. However, replacing Russian supplies on a significant scale is not straightforward: refinery compatibility, prices, shipping costs and commercial viability will influence whether Indian refiners buy more Venezuelan oil. How much Venezuelan crude can India realistically buy?

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Trump admin wants to sell Venezuela oil to India, but how much can it buy?
SMRITI JAIN · 11/10/2026, 1:49:01 PM
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