India Ready for More Venezuelan Oil Imports, Says Petroleum Minister Puri

• Petroleum Minister Hardeep Singh Puri confirmed India's long-standing oil imports from Venezuela and readiness to increase volumes.
• PM Modi spoke with Venezuelan President after a delegation attended India Energy Week, signaling renewed engagement.
• Two to three Indian refineries are specifically configured to process heavy Venezuelan crude, facilitating increased imports.
• India is exploring energy security across the Western Hemisphere, identifying Canada as a long-term partner with vast reserves.
• India's LPG imports from the US have significantly increased to 10% of total, diversifying sourcing beyond traditional suppliers.

Why It Matters: India is set to boost Venezuelan oil imports and diversify its energy sources globally for future security.