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US and Venezuelan oil imports by India driven largely by price, ONGC says
IndiaUnited StatesVenezuela
First seen: Sep 1, 2026, 6:31 AM UTCUpdated: Sep 1, 2026, 9:01 AM UTC
WHAT HAPPENED
India's oil imports from the United States and Venezuela are described as largely price-driven, according to the ONGC chairman. No new disruption or policy action is reported.
SO WHAT?
Changes in India's sourcing could affect regional oil trade and the impact of sanctions or price shifts.
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