Reliance buys crude from Venezuela | How cheaper Venezuelan oil flows will help India?
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In this video, we explore Reliance's recent move to purchase crude oil from Venezuela and its potential impact on India's economy. We analyze how this deal provides India with access to cheaper oil, reducing the burden on its energy imports and boosting economic growth. Additionally, we discuss the geopolitical and trade implications of this partnership amidst global oil market dynamics. This topic is crucial for understanding India's energy security and economic strategy, making it highly relevant for UPSC aspirants.
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