VidBodh · Current affairs

The monthly magazine, June 2026 · Global Affairs and International Relations › India and world regions › Latin America and the Pacific islands · Prelims

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Global Affairs and International Relations › India and world regions

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Latin America and the Pacific islands

India and the far regions: Latin America and the Pacific islands.

Showing 1 of 2 articles, those that changed from 1 to 30 June 2026.Show all

India and Venezuela

Prelims

Venezuela holds about 17% of the world's proven crude reserves, and the overseas arm of the Oil and Natural Gas Corporation (ONGC), ONGC Videsh Limited, has stakes in the San Cristóbal field and the Carabobo-1 block.

Indian refiners bought Venezuelan crude heavily until US sanctions curbed the trade.
In January 2026 US forces captured President Nicolás Maduro, and Delcy Rodríguez became Acting President.
As Washington eased sanctions, Venezuelan crude returned to India in April 2026 after a gap of a year, and the closure of Hormuz made it more valuable.

What changed

4 Jun 2026Newnewly added
- Acting President Delcy Rodríguez made a five day working visit to India from 3 to 7 June 2026.
- Her talks with the Prime Minister on 4 June covered energy, trade, pharmaceuticals, health, transport and renewable energy.
The Hindu, 3 Jun 2026: Venezuela's Acting President Rodriguez arrives in India (opens in a new tab) · The Hindu, 4 Jun 2026: Energy tie up tops India and Venezuela agenda as Modi meets Delcy (opens in a new tab)
26 Jun 2026Briefnewly addedAfter two earthquakes struck off Venezuela's coast on 25 June, India flew two C-17 aircraft with portable hospital units of the Bharat Health Initiative for Sahyog, Hita and Maitri (BHISHM) under Operation Amistad, over more than 14,000 km, one of its most distant relief missions. The Hindu, 26 Jun 2026: India launches Operation Amistad for earthquake hit Venezuela (opens in a new tab)