US-Venezuela conflict: Indian refiners set to gain, says report

IANS | January 5, 2026 11:35 AM

New Delhi, Jan 5 (IANS) The US capture of Venezuela’s President Nicholas Maduro and taking over its oil fields could lead to Indian refineries benefiting from imports of heavier Venezuelan barrels, which trade at a discount to Brent, boosting their gross refining margins, a report showed on Monday.