Venezuela raid by US revives oil risk premium, Dalal Street braces for crude-led swings on Monday
The capture of Venezuelan President Maduro has reintroduced geopolitical risk into oil markets, impacting global crude prices. While immediate supply increases are unlikely, a US-led overhaul could eventually boost Venezuelan output, giving India a strategic alternative to Middle Eastern crude and potentially stabilizing prices.
The capture of Venezuelan President Maduro has reintroduced geopolitical risk into oil markets, impacting global crude prices. While immediate supply increases are unlikely, a US-led overhaul could eventually boost Venezuelan output, giving India a strategic alternative to Middle Eastern crude and potentially stabilizing prices.