Oil Markets Calm, Geopolitics Not: What Venezuela Means For India

As tensions escalate around Venezuela and US President Donald Trump signals a tougher global posture, concerns rise over the impact on oil and fuel prices. Energy experts, however, say India has little to worry about—at least in the near term. Global oil supply remains ample, demand growth is limited, and additional barrels from Venezuela, Guyana and neighbouring regions could actually ease price pressures. For an energy-importing nation like India, this is short-term relief. But the bigger concern lies beyond oil prices. With geopolitics growing increasingly unpredictable and power plays intensifying from Washington, the global economic landscape is becoming harder to navigate. While fuel prices may stay stable, uncertainty around global trade, diplomacy and energy politics remains a key risk for India and the world.