Will Venezuela, which has suddenly made its way to the list of India’s top crude suppliers be able to step up? The turmoil in global crude oil markets that began in March refuses to die down. Even as the US looks to tighten its noose on Iran with economic blows, a new bill empowering the US President to impose up to 100% tariffs on countries importing Russian crude will be put to vote in the coming months.And in the middle of this continuing crisis, India, a large importer of oil, finds itself facing important questions: What happens when the world…
