US Venezuela Action: Oil & Power, Not Democracy, Say Former Indian Envoys

• Former Indian envoys Navtej Sarna and Deepak Bhojwani assert US action in Venezuela is driven by oil and power, not democracy.
• Navtej Sarna states President Trump acts without international approval, interpreting the Monroe Doctrine to assert US dominance in the Western Hemisphere.
• Sarna warns the move delivers a 'killer blow' to international institutions and law, showing Trump's disregard for global norms.
• Deepak Bhojwani highlights US objective to regain strategic influence lost to China and Russia, who had grown closer to Venezuela.
• India's ONGC Videsh Ltd (OVL) could benefit if sanctions lift, but US companies may get priority access to Venezuela's oil resources.

Why It Matters: US action in Venezuela is primarily about oil control and regaining influence, not promoting democracy.