New Delhi: The recent U.S. military action in Venezuela has created waves far beyond Latin America. President Trump announced that Nicolas Maduro and his wife have been captured, leading to debates about implications for countries like India.
For India, balancing energy ties with Venezuela and its quest for strategic autonomy is now more crucial than ever. This event challenges India’s principles of sovereignty and non-interference. Military actions like this raise questions about how nations react to force that shapes global politics.
India has a strong history with Venezuela, collaborating on major international issues and in energy. Venezuela has been a key supplier of crude oil to India, despite fluctuations due to sanctions and economic turmoil. Both countries have joint ventures, like their partnership in the San Cristóbal oil field, where India invested around $200 million.
Recent data shows India-Venezuela trade reached $1.175 billion for the fiscal year 2023-24. This includes a range of goods, from mineral fuels to machinery and pharmaceuticals. However, the U.S. intervention complicates this trade. According to Ash Narain Roy, a Latin America expert, the U.S. is pushing a “Trumpian world order” that could hinder India’s energy imports.
Roy expressed concern about the future of India-Venezuela relations under a new government. He cautioned against letting foreign influences dictate political changes in Venezuela, emphasizing that it should be up to the Venezuelan people to decide their leaders.
Saurabh Mishra, a research fellow, noted that if a pro-U.S. leader takes power, it might ease India’s oil imports. The situation puts India in a tight spot as it navigates the complexities of global politics and energy security.
These developments underscore a significant shift in geopolitics, impacting not just Venezuela but also how countries like India engage with the world. As military interventions become more common, the principles of international diplomacy will face fresh challenges.
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