The ‘heavy’ attraction of Venezuela’s crude for world’s largest oil producer US
Published on: Jan. 11, 2026, 11:22 p.m. | Source: The Indian Express
The US, being the biggest oil producer and exporter, is keen on Venezuelan crude due to its significance in the energy market and compatibility with its refineries. However, strained relations and sanctions have hindered Venezuelan oil exports to the US. Revitalizing Venezuela’s oil industry and attracting investment may prove to be a difficult task.
