US grip on Venezuelan oil could help India recover $1bn dues, revive stalled output ...Middle East

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.

Hence then, the article about us grip on venezuelan oil could help india recover 1bn dues revive stalled output was published today ( Sunday 04/01/2026 - 04:36 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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