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05.01.26 - 00:12
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US hold on oil may help India recover $1 billion dues (Times of India)
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A potential US-led restructuring of Venezuela's oil sector could significantly benefit India, offering a chance to recover nearly $1 billion in outstanding dues. This shift might also enable ONGC Videsh to revive crude production from its jointly operated San Cristobal oilfield, which has been hampered by US sanctions blocking essential technology and equipment....
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04.01.26 - 23:48
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No immediate impact seen on India′s oil supplies, prices (Times of India)
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Developments in Venezuela are unlikely to immediately impact India's oil supplies or prices, as Venezuelan crude has been largely absent from global markets due to US sanctions. While bilateral engagement has weakened, experts suggest India could diversify its sources if Venezuelan oil re-enters the market, potentially offering a sentimental impact on emerging market currencies....
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