India’s Venezuelan Oil Deal: What Just Happened India has ordered 2 million barrels of Venezuelan crude oil, scheduled for delivery in April 2026. The purchase was made at a $6.50–$7 discount to Brent crude, making it financially attractive for India’s largest refiners, including Reliance Industries. At first glance, this looks like a simple energy trade. But geopolitically, it signals something much bigger: India is diversifying away from Russian oil, at least temporarily Venezuelan oil exports are being routed through U.S.-licensed intermediaries The United States gains leverage over energy flows involving a BRICS member This is not accidental. It’s strategic. Is This a Win for the United States Over BRICS? Yes—But Only in the Short Term From Washington’s perspective, this is…
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