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India may turn to Iran, Venezuela for oil imports – Hindustan Times

said. Domestic fuel prices have spiked because of rising energy demand after rapid recovery of major economies from the impact of the Covid-19 pandemic, but the…

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India may make diplomatic efforts to organise oil-consuming countries against the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) as producers keep crude prices artificially high by restricting supply, and also plans to resume import of cheaper energy from countries such as Iran and Venezuela to counter the oil cartel, two officials said.
Domestic fuel prices have spiked because of rising energy demand after rapid recovery of major economies from the impact of the Covid-19…

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