Venezuela Oil Flows Drop as Iran War Pause Cools Indian Appetite
Venezuela's oil exports declined significantly in July as Indian demand weakened following a pause in Iran-related conflicts that released previously trapped Middle Eastern oil supplies. The increased availability of Persian Gulf crude provided Indian refiners with alternative sourcing options, reducing their reliance on Venezuelan oil.
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Venezuela Oil Flows Drop as Iran War Pause Cools Indian Appetite
Venezuela's oil exports declined significantly in July as Indian demand weakened following a pause in Iran-related conflicts that released previously trapped Middle Eastern oil supplies. The increased availability of Persian Gulf crude provided Indian refiners with alternative sourcing options, reducing their reliance on Venezuelan oil.
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