Venezuela Emerges as India's Third Largest Crude Oil Supplier Amidst Hormuz Crisis

As the race to find alternative energy sources continues in the wake of the war in Iran and the closure of the Strait of Hormuz, Venezuela has emerged as India's third largest crude oil supplier this month. According to data monitoring energy supplies, oil shipments from Venezuela to India have increased by approximately 50 percent compared to April.

Venezuela's acting President Delcy Rodríguez is expected to visit India next week. US Secretary of State Marco Rubio stated that she will discuss oil sales.