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Prime Minister Narendra Modi connected Thursday (June 4, 2026) held talks with Venezuelan Vice President Delcy Rodriguez focusing connected boosting bilateral ties successful areas of energy, commercialized and investment.
The 2 sides are looking astatine expanding vigor cooperation, arsenic New Delhi seeks to diversify its crude lipid procurement amid proviso disruptions from the West Asia crisis.
The Venezuelan Vice President landed present connected Wednesday (June 3, 2026) .
External Affairs Ministry spokesperson Randhir Jaiswal said the sojourn volition further deepen India-Venezuela ties.
Ms. Rodriguez took complaint arsenic Venezuela's acting President pursuing the detention of past President Nicolas Maduro by U.S. forces successful January.
India was erstwhile a large processor of Venezuelan dense crude, importing much than 4,00,000 barrels per time astatine highest levels, until sweeping U.S. sanctions and rising compliance risks forcibly unopen down purchases successful 2020.
New Delhi started purchasing crude lipid from Venezuela aft the sanctions were lifted pursuing Mr. Maduro's capture. Indian lipid selling companies importantly ramped up crude lipid sourcing from Venezuela successful the past fewer weeks mostly owed to the West Asia crisis.
The Venezuelan acting President is accompanied by respective Ministers, including the Ministers of overseas affairs, system and finance, subject and technology, connection and information, and transportation.
