A major earthquake in Venezuela threatens India's oil trade, potentially causing shipping delays, port disruptions, and increased insurance costs across the 14,000 km supply chain.
Venezuela's key cargo gateway has been placed under disaster declaration
Jun 26, 2026
12:25 pm
What's the storyThe two earthquakes that struck Venezuela on June 24 have raised concerns of disruption to India's oil trade with the South American country, which has recently become a key supplier of crude oil to Indian refiners.
The twin quakes, measuring 7.2 and 7.5 on the Richter scale, were the strongest to hit Venezuela in over a century.
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