US Captures Maduro: Venezuela Crisis Rocks Oil Markets, India Unfazed by Geopolitical Turmoil

Business
N
News18•04-01-2026, 16:14
US Captures Maduro: Venezuela Crisis Rocks Oil Markets, India Unfazed by Geopolitical Turmoil
- •US military captured Venezuelan President Nicolas Maduro and wife Cilia Flores in Caracas, indicted for drug trafficking.
- •Maduro is now in Metropolitan Detention Center, Brooklyn; Delcy Rodriguez named acting president.
- •Geopolitical turmoil raises concerns about crude oil price spikes, with experts predicting a "gap-up opening."
- •GTRI states India is unlikely to be materially affected due to reduced trade and existing US sanctions since 2019.
- •India's imports from Venezuela plummeted 81.3% in 2024-25; India could benefit if sanctions ease.
Why It Matters: US-Venezuela conflict escalates, impacting global oil prices, but India's economy remains largely unaffected.
✦
More like this
Loading more articles...





