Times of India26.6.2026Energy4 Min. LesezeitIndia
Venezuela Earthquakes: Oil Infrastructure Spared but Power Grid Concerns Emerge, Impact on India's Supplies Assessed
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- Venezuela's strongest earthquakes in over a century have killed at least 235, with over 70,000 families affected.
- Despite initial fears, the country's core oil production and refining infrastructure has largely escaped major damage, though power grid disruptions pose a concern.
- India, a significant recent importer of Venezuelan crude, faces potential supply delays but no immediate interruption.
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Venezuela is grappling with the aftermath of its strongest earthquakes in more than a century, at a time when its economy and energy sector are already under severe strain. Hit by US-led sanctions, high inflation, corruption and years of poor management, Venezuela’s economy has contracted by around 80% since 2013. The latest disaster has now put renewed focus on the country’s oil infrastructure and on countries that have recently strengthened energy ties with Caracas, including India. [...] End of Article
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This article was originally published by Times of India.
