New Delhi, Jan 7 (IANS) Not just oil, Venezuela holds substantial reserves of nickel, iron ore, bauxite, coal and gold, and is increasingly prioritising lithium, nickel and rare earth elements as strategic resources, a report said on Wednesday, adding that for India, deeper investment partnerships in these areas could support long-term supply security for minerals essential to batteries, electric vehicles and clean-energy technologies.In November 2025, the Venezuelan Government conveyed its inte…
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New Delhi, Jan 6 (IANS) Any increase in the production of oil from Venezuela by US companies has the potential of lowering crude prices in the international market, benefiting all countries, including India. However, analysts are of the view that there is still too much geopolitical uncertainty in the region for large investments to pour into the Latin American country.Unlike China, India is not a big importer of Venezuelan crude, which is heavy and tar-like, making it costly to refine into petr…