MEA spokesperson Randhir Jaiswal
M
Moneycontrol05-02-2026, 14:40

India Prioritizes Energy Security, Open to Venezuela Crude Supply: MEA

  • MEA states that ensuring energy security for 1.4 billion Indians is the government's supreme priority.
  • India's strategy involves diversifying energy sourcing based on market conditions and international dynamics.
  • MEA spokesperson Randhir Jaiswal responded to former US President Donald Trump's claims about India stopping Russian oil purchases.
  • India previously imported crude oil from Venezuela until 2019-20, resumed in 2023-24, but halted due to sanctions.
  • Indian PSUs have a long-standing partnership with Venezuela's PDVSA since 2008 and remain open to exploring crude supply options.

More like this

Loading more articles...