Indian Prime Minister Modi Engages in Talks with Venezuela's Acting President to Boost Oil Imports
Indian Prime Minister Narendra Modi met with Venezuela's acting President Delcy Rodriguez in New Delhi to discuss enhancing energy cooperation between the two nations. The meeting comes as India seeks to diversify its energy sources amidst global supply disruptions. Venezuela has recently become India's third-largest supplier of crude oil. The discussions also explored potential investments by Indian companies in Venezuela's mining, pharmaceuticals, and automobile sectors. This meeting is part of India's broader strategy to secure energy resources, as the country imports about 90% of its oil, with a significant portion passing through the Strait of Hormuz, a region currently affected by geopolitical tensions. 
