Trump Forced to Open Venezuela's Oil Tap: Shashi Tharoor Explains Geopolitical Chessboard

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News18•01-02-2026, 21:41
Trump Forced to Open Venezuela's Oil Tap: Shashi Tharoor Explains Geopolitical Chessboard
- •US President Donald Trump is compelled to open Venezuela's oil doors due to global oil supply issues.
- •Shashi Tharoor explains that Western sanctions on Russia, Iran, and Venezuela limited global oil supply.
- •India, previously buying discounted Russian oil, faces difficulties due to US tariffs and sanction threats.
- •America's motive in Venezuela was to stabilize the oil market and prevent price hikes affecting US voters.
- •Tharoor suggests the India-EU FTA as a lifeline for India amidst US trade tensions, offering new market opportunities.
Why It Matters: Geopolitical oil dynamics force Trump to open Venezuela's oil tap, impacting India's energy strategy.
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