Latin America

/Tag: Latin America

India-Venezuela relations: A case study in oil diplomacy

2019-03-29T14:36:43+00:00March 28th, 2019|2019, Global Edition – March 2019, Home Page|

A Latin America analyst explains why it would be ill-advised for India to take any political policy position vis-à-vis Venezuela, especially regarding the ongoing political crises in the country. In light of US sanctions imposed on Venezuelan state-owned oil and natural gas company Petróleos de Venezuela SA (PDVSA) in January this year, Venezuelan oil exports to the United States have dried up. It has left a shortfall of up to 500,000 bpd that Venezuela exported to the United States before [...]