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Venezuela instability adds pressure to global oil pricing outlook
Venezuela’s instability is adding uncertainty to global oil supply, with potential inflationary effects for oil-importing countries like India.
Ongoing economic and political turmoil in Venezuela continues to influence global crude markets, raising concerns over supply reliability. Disruptions in output and exports add to existing geopolitical risks, while oil-importing nations like India monitor potential inflationary impacts. Market participants remain cautious as regional instability intersects with broader supply-demand dynamics shaping energy prices.