Kudos to India when it comes to buying from other oil sources regardless if it's under US sanctioned. A government with balls who looks after their own interest unlike other countries.
This is a great strategy. Inflation is killing many economies. India would be able to check the inflation with cheaper energy. Suffering of more than a billion humans is at stake and need this strategy to prevent if from happening.
We are blessed to have a leader like him who took the country out of the mess and pushed it towards growth. The values of Indians have improved in the world after Modi
@charlesbutcherfantastic7869that's why they are right now enjoying their karma in the form of immigrants and diversity. Soon the immigrants will take over uk Or they all kill each other in civil wars.
EV cause own kind of pollution and make u dependent on chinese monopoly over supply of rare metals and battery tech. World is filled with oil why not use the reliable tech rather than chemical filled EVs.
Russia has said that India should pay the Chinese currency yuan for the oil it buys from Russia. That is what viswaguru is looking to buy oil from Veninzula 😄
@@fine2502🤡🤡 replay... Who the hell is west to tell us?... They couldn't even pressure us to side with Ukraine war and stop us from buying Russian oil...
Because ungrateful indians 🇮🇳 spy and deceive Arabs. 8 indians spying and deceiving Qatar 🇶🇦. How shameful. Taking salaries from Qatar 🇶🇦 and deceiving them. This is the reality of india 🇮🇳 🐍
Do Guyana! Huge Indian population who are still connected to their roots so it would be easier to do business. + good to start affiliating since China already is.
Indian energy firms have already started looking for opportunities in Guyana. They have promised to invest over $3billion in their oil and mineral sector.
The most active country in Guyana oil industry is actually India. Indian companies, like IOC, BP, and others have a considerable stakes in there. Some more companies have bought the right to explore oil in Guyana. Just look at the GDP of Guyana, it has grown 4-5 times in just 8 years, remarkable numbers, just after India entered Guyana.
@@chillxxx241 No use trying to explain it to these people. They got sanctioned because their government took everything from the people that wasn't nailed down and rigged the election. Worse than that people were roaming the halls of buildings with machetes looting and killing (as well as committing cannibalism during the famine). Foreign aid wasn't even allowed in unless the government was allowed to control and loot it. Who wouldn't sanction such a horrific government?
Lol. India is abandoning russia in the middle of the road, just when russia needs India the most. No friends among hypocrites. BTW, India is turning to Venezuela AFTER the USA lifted the sanctions against that country. In other words the USA is allowing countries to buy Venezuelan oil and less of russian oil and that's exactly what India is doing. To the detriment of russia.
I am Eastern European from a country that is part of the West now but was not 30 years ago. We always had a policy of letting the West European countries and the USA deal with international stuff, and we just followed their demands when they were obligatory and stayed neutral when they were not. In return, we got guaranteed safety, so no more obligatory military service and wasting large amounts of money on the military, and a somewhat improved standard of living due to investments, tourism, and free trade. Now for the first time we are receiving the negatives of the arrangement by being hated on and trade restrictions causing inflation simply by being part of the west, though we do not have any interest in these global demands for spreading democracy and capitalism or criticising others. It is true we don't want Russia to expand, as one day we could be next, but we don't want it destroyed either. As long as it gets stalled, fine with us, but for the rest of the world, we think sanctions and involvement are stupid, especially if they don't threaten any of the western countries we join alliances with. So sanctions against Venezuela, Myanmar, Iran, countries in Africa and South America, or even Afghanistan are none of our business. We should do the same as China, stay neutral, and get what ever we can through trade. They can deal with their own human rights slowly as time goes on.
When it's your country's turn to be invaded, you will feel regret for the lack of solidarity to defend your country. Israel didn't want to support Ukraine because it valued its fairly good relations with Russia but it had learnt its lesson well this time, hadn't it ? Is Russia on Hamas' or Israel's side when Israel was invaded ? Did Russia's military base in neighboring Syria hold back the threat from Hezbollah backed by Iran ? It takes time to build up enduring trust and friendship. Do it before one needs it.
@@solconcordia4315Yugoslavia, afghanistan and Iraq ask the same question about American invasion. What happened with you when America invaded these countries? West meaning is hypocrites bunch and hypocrisy is fundamental rights of that alliance. US put sanctions on Venezuela over not practicing fair democracy but what about American ally Pakistan which is terrorists safe heaven and ruling by military with democracy sugar coat? what about when US, Uk, Canada, Australia, Newzealand supporting khalistani terrorists in its soil against India? while punish/lecture others for same things if any nation harbor such terrorists, especially against West.
It will be even great for two countries if the business done in Indian Rupee. So Venezuela can purchase food, medicines and other essential things from Bharat. It's Win-Win situation. Unlike Islamic countries, Venezuela won't meddle in out internal politics too. Only problem will be the geography. Venezuela is very far compared to Arab/Persian Gulf
I understand India's move to switch away from the Arab/Persian Gulf as that whole area is teetering on the brink of a major regional war. No matter how close-by an oil supply is, it's useless if one cannot get it due to a war going on. Shipping costs can also be reduced if India gets the oil refined first before shipping it. Refining always reduces the volume to be shipped.
India has a lot more sunlight than Russia does. I would put sanitation as the topmost priority item. The anus is the greatest part of the body and it deserves the respect of every other part of the body !
The Israel-Hamas War and the Coming together of Saudi+Iran+Russia and China has forced this move, Russia and others will force India to buy in Chinese currency, also, there is a strong diplomatic tilt towards China from Russia, India is left with no option.
From what I see, the biggest problem for BRICS progress could be the presence of India. India can not make up it's position whether to support the US led alliance or the new Russia-China led alliance. India is bipolar, they simply can't make a clear cut choice.
India got 1.7 billion mouths to feed. Hell with BRICS if they don't benefit the indian population. Our leader aint a dictator, he has to answer to people. Unlike Xi Ping, Putin and other dictators in BRICS.@@AliBarisa
@@AliBarisathey are always thinking about, what is it for me, first. Always short sighted and never have long term strategy for their country. It will be soon the BRICS will be without India to slow and or hamper it's progress. They can always craw back to their master and beg for job.
@@AliBarisa India isn't bipolar but it's trying to become non-aligned. The fact is that most countries including India cannot be totally independent in everything. India obviously has to choose a position if it needs to buy and sell things with the rest of the world.
@@AliBarisaexactly, still has to look to it’s master, it is too easily instigated, too many fractions, the brightest and wealthiest are leaving india, they expire their brightest people instead of their stuff, making the rupee weak, who wants to trade in rupee at this point, holding rupee for what? India has very little commodities
Even if the india is buying so much oil from other countries that too in low price still how come the petrol price still 100 above..Tell me palki...This was upsurged in the course of time and became stagnant to this figure..if there is enough oil with them then why did the government not lowering the petrol price.. Atleast they could make it 70 or 80 which is reasonable for the common public..
Cannot understand as to why Indian companies not filling the gaps in Russian markets left open by the American companies due to sanctions. We have malls like Reliance, D'Mart etc which can open stores their and utilise the Rupees Russia gets from selling oil. That will stablish Indian brands in Russia, increase business and relationship/ friendship.
Palki, India’s cost of purchasing oil will still increase. Venezuelan oil output is below a million BPD, and it export to other countries, so India will still have to purchase Russian oil, or increase oil imports from other OPEC nations, which will be more expensive because of the volatile situation with Palestine and Israel. Also, India will never know when US will put back sanctions on Venezuela. I mean sanctions were imposed on Venezuela because US said it had unfair elections. However, the US backed opposition was able to swore himself in office, without a single vote from the people of Venezuela, and most countries agreed, and cut President Maduro, who the people voted for from obtaining its own money needed for medical supplies during Covid-19. I mean, you can’t make this stuff up, so no telling what will happen in six months from now. Leaders have to think about what they do, because US has to feed, house and clothe all the Venezuelans coming across to US borders. So, I think India should stick with Russia and come with a method for payment, or India will be stuck in the long term.
Right chose 🇮🇳. gulf countries be rejected by india 🇮🇳 they have been played enough no more...india is big oil importer by russia want Chinese yuvan exchange for oil india couldn't do ..indias electric wehcles being started...
Bout time but don't forget Guyana. I'm not sure how far along they are in production however, an extremely large oil reserve was recently discovered in that country. The US *SHOULD* be paying attention and learn how to cooperate with their neighbors -- *HONESTLY* The West *NEEDS* to make peace with Venezuela and negotiate some type of deal which will involve lifting sanctions and revamping oil production in Venezuela. This has the potential to be a win win situation for all involved - *IF* done correctly otherwise, China or Russia will eventually move in and dominate. I seldom agree with India but in this case I give them an A+ - with a bonus.
Main reason to lift the sanction is for US companies to by oil from Venezuela. US is low on its strategic petroleum reserve. There is no chance of discount from Venezuela while the sanctions are lifted.
That will be foolish, EV tech makes u dependent on chinese supply monopoly, and EVs cause as much pollution of earth just in different place and time. World has enough oil, just use it wisely.
India should be more outspoken in its support to Israel . People in isreal were very disappointed to see india abstain from the UN ceasefire when we all expected to them vote “ for “ just like United States . People of isreal really consider we have only 2 friends india and USA and india let us down in the UN vote . India should openly show its support to Israel just like how isreal has always supported India
India was the first country to condemn Hamas attack - and called it a terrorists attack - plus India offered military help too , to counter the terrorism- your ambassador to India denied any help... hence don't be way too selective in building your narrative- we abstained from voting but so did many of your friendly country- I too am on the side of Israel but I do not support what Israel is doing now - the ground invasion- mostly killing innocents. It was a terrorist attack- support the retaliation but the Ground invasion is way too aggressive and inhuman. We are a democratic country- we weigh everything and then we decide- we are not like Europeans - the American puppets. Where our master will go we will follow
It's not cheap for the common people of India. People would still get oil in excess of Rs.100. The only people who's going to get the oil cheap are the oil marketing companies.😓 These newsreaders don't want people to be aware. They just care about viewership and money.
@@Vinayrsy you didn't get what he meant, Indian companies import cheap oil but have that changes the petrol, diesel price in India, in Mumbai petrol price is 106 rupees and it has been remain constant for more then a year now. If we have bought cheap Oil why there is no reduction in price for petrol and diesel. It is because they only drop oil in Indian market that is required by the Indian consumer and rest of the oil is exported to Europeans and other countries. Well this help the Indian economy to grow but has not use for us consumer. And we are being robbed by the government with their taxes. We are taxed almost 70 rupees for a litre of petrol. I am a strong BJP supporter but people must know that they are being robbed. Either bring a uniform tax throughout center and state or stop this bullshit of we are buying cheap oils. Because it does not help common people.
What is the route (for ships)? That is important, too. Strangely the route around Africa (Cape of Good Hope in South Africa) is the shortest route. Being open Ocean, it can take VLCC & ULCC ships too. The problem with Russian oil (apart from various other issues & factors), is the "route" again. The best & shortest is via Iranian soil.
Venezeulan Oil sector has been bled to death. almost all the experienced managers, domestic workers and support vendors have left the country. Without massive investment and years of sanction free growth, it will not be producing anywhere near its output before.
I always say , with due all respect. He has Rabits eyes. A Rabi😮 can see in 360 angle/ degree directions . His thinking and problem solving brain is also active 24 hours a day.
We indians should start using public transport rather using cars and bikes for every other place we need to support our country. Using Cycle and walking to nearest shops and areas will help a lot.
Venezuela should be aware of india as a vountry to do business with. Take the case of Russia after supplying the oil india is now insisting in 0ayijg for it in rupees.
The amount of money the US spends abroad is absurd, giving billions to countries, taxpayers money ,and yet we're struggling at home. Some of our cities and neighborhoods look like they're third world only with higher violent crime. We need help here not in some lands most of us cannot even pronounce correctly. Unfortunately this is imperalism and capitalism without a conscience.
Firstpost is now 3 million+ strong!
Thank you viewers for your support.
Ok..
Sometimes I feeling first post becoming west puppet channel
sangod007.blogspot.com/2023/11/spurs-evolution-of-football-legacy-in.html
Agreed.
Thanks Palki
Kudos to India when it comes to buying from other oil sources regardless if it's under US sanctioned. A government with balls who looks after their own interest unlike other countries.
Didn't you watch the video? Sanctions are lifted, that's why India is buying again.
@@carmenvalmalaartaraz8260sanctions are eased not uplifted.
@@carmenvalmalaartaraz8260what about Russian oil, INDIA started buying in bulk after the sanctions were imposed.
@@martin96991Russian oil wasn't sanctioned but there was a price cap.
@@carmenvalmalaartaraz8260 India been buying oil from Russia even in the heat of Russia invading ukraine. So it's not like new a thing.
Good for india and Venezuela ties.
This is a great strategy. Inflation is killing many economies. India would be able to check the inflation with cheaper energy. Suffering of more than a billion humans is at stake and need this strategy to prevent if from happening.
Civilization as old as Bharat can't be bullied by any nation on earth. We need to stand strongly behind our leaders like Narendra Modi.
We are blessed to have a leader like him who took the country out of the mess and pushed it towards growth. The values of Indians have improved in the world after Modi
@charlesbutcherfantastic7869ran away like cowards,will get karma soon once their shithole of a country goes down the drain
But still Khalistan Nagaland Tamil Kashmir will get freedom from india soon 🐷🇮🇳🐷
@@Babasasa111lol Balochistan and sindh wants freedom 😂😂😂😂
@charlesbutcherfantastic7869that's why they are right now enjoying their karma in the form of immigrants and diversity. Soon the immigrants will take over uk Or they all kill each other in civil wars.
The push towards electric cars and public modes of transportation must commence.
Modiji was right always..
Electric cars are nowhere near sustainable. A pipe dream it is
EV cause own kind of pollution and make u dependent on chinese monopoly over supply of rare metals and battery tech.
World is filled with oil why not use the reliable tech rather than chemical filled EVs.
Yup comfortable and fast and sufficient public transport is good for any nation .
Russia has said that India should pay the Chinese currency yuan for the oil it buys from Russia. That is what viswaguru is looking to buy oil from Veninzula 😄
@@shafeeq7447venizula also said …india paid only chinese yuan not USD or indian rupee😂😂😂
Indian government has decided to get rid of the Arab countries who always blackmail India.😁
US allowed , India don't have right to decide for itself.
@@fine2502🤡🤡 replay... Who the hell is west to tell us?... They couldn't even pressure us to side with Ukraine war and stop us from buying Russian oil...
Because ungrateful indians 🇮🇳 spy and deceive Arabs. 8 indians spying and deceiving Qatar 🇶🇦. How shameful. Taking salaries from Qatar 🇶🇦 and deceiving them. This is the reality of india 🇮🇳 🐍
@@fine2502 How come India bought lot of oil from Russia. US's sworn enemy.
@@fine2502 I dont think the US and Eu allowed India to buy Russian oil, but India went ahead anyway.
Congratulations for the 3 million subscribers. Want to see 30 million in next years .
Do Guyana! Huge Indian population who are still connected to their roots so it would be easier to do business. + good to start affiliating since China already is.
Opportunities already getting explored by Indian companies
Best decision... our petrol prices need to be below 100
Necessity is the mother of invention
Guyana, next door to Venezuela, is a new oil producer. India and Guyana have close and fraternal relations. Could India explore Guyana?
Indian energy firms have already started looking for opportunities in Guyana.
They have promised to invest over $3billion in their oil and mineral sector.
@charlesbutcherfantastic7869when has India thieves any body's stuff.
@charlesbutcherfantastic7869 lolu India pays money for oil, it is trading not thieving what you are saying
@charlesbutcherfantastic7869they ain't brits
The most active country in Guyana oil industry is actually India. Indian companies, like IOC, BP, and others have a considerable stakes in there. Some more companies have bought the right to explore oil in Guyana. Just look at the GDP of Guyana, it has grown 4-5 times in just 8 years, remarkable numbers, just after India entered Guyana.
at least venezuela doesn't brutally attack neighbor countries and does not threaten to destroy the world with nuclear weapon
Very true.
@@apojaymotivation5301yeah but Venezuela 🇻🇪 refused to become slave of western world specially USA that's why Venezuela is sanctioned
Venezuela's Vice President was in India in September. She praised India as one of the Great powers of the 21st Century...@@harshverma80
@@harshverma80They got sanction relief from USA when they said they would stop throwing opposition members in jail.
@@chillxxx241 No use trying to explain it to these people. They got sanctioned because their government took everything from the people that wasn't nailed down and rigged the election. Worse than that people were roaming the halls of buildings with machetes looting and killing (as well as committing cannibalism during the famine). Foreign aid wasn't even allowed in unless the government was allowed to control and loot it. Who wouldn't sanction such a horrific government?
Good move India.
Venezuela needs this
We depend on palki for reliable news
Good move by Bharat. Avoid Quater in all ways possible.
Brave move by India.. challenging America
Lol. India is abandoning russia in the middle of the road, just when russia needs India the most. No friends among hypocrites. BTW, India is turning to Venezuela AFTER the USA lifted the sanctions against that country. In other words the USA is allowing countries to buy Venezuelan oil and less of russian oil and that's exactly what India is doing. To the detriment of russia.
Isn't the sanctions removed ?
No. I think sanctions against Venezuela had been lifted, if I heard that right.?
how? sanctions are removed already
@@janejustin1788 my bad ,I wasn't updated
Chinese n Pakistani bots creating their own happiness in comment section 😂
Great strategy. love it.
Lifting sanction means west asia conflict will be a long time conflict.
Flooding the market with oil keeps the prices low, regardless of who sells it. Sanctions don’t apply these days.
0h, but they do. Just ask Venezuela.
Deep into matter but greater clarity is the greatness of Palkisharma.
Congratulations on each reporting.
Good to every country is good for India future
I am Eastern European from a country that is part of the West now but was not 30 years ago. We always had a policy of letting the West European countries and the USA deal with international stuff, and we just followed their demands when they were obligatory and stayed neutral when they were not. In return, we got guaranteed safety, so no more obligatory military service and wasting large amounts of money on the military, and a somewhat improved standard of living due to investments, tourism, and free trade. Now for the first time we are receiving the negatives of the arrangement by being hated on and trade restrictions causing inflation simply by being part of the west, though we do not have any interest in these global demands for spreading democracy and capitalism or criticising others. It is true we don't want Russia to expand, as one day we could be next, but we don't want it destroyed either. As long as it gets stalled, fine with us, but for the rest of the world, we think sanctions and involvement are stupid, especially if they don't threaten any of the western countries we join alliances with. So sanctions against Venezuela, Myanmar, Iran, countries in Africa and South America, or even Afghanistan are none of our business. We should do the same as China, stay neutral, and get what ever we can through trade. They can deal with their own human rights slowly as time goes on.
Scammer spotted
When it's your country's turn to be invaded, you will feel regret for the lack of solidarity to defend your country. Israel didn't want to support Ukraine because it valued its fairly good relations with Russia but it had learnt its lesson well this time, hadn't it ? Is Russia on Hamas' or Israel's side when Israel was invaded ?
Did Russia's military base in neighboring Syria hold back the threat from Hezbollah backed by Iran ?
It takes time to build up enduring trust and friendship. Do it before one needs it.
@@VoltarStarman-m6rPakistani terrorist spotted
@@solconcordia4315Yugoslavia, afghanistan and Iraq ask the same question about American invasion. What happened with you when America invaded these countries? West meaning is hypocrites bunch and hypocrisy is fundamental rights of that alliance. US put sanctions on Venezuela over not practicing fair democracy but what about American ally Pakistan which is terrorists safe heaven and ruling by military with democracy sugar coat? what about when US, Uk, Canada, Australia, Newzealand supporting khalistani terrorists in its soil against India? while punish/lecture others for same things if any nation harbor such terrorists, especially against West.
Chinese bots are going bonkers over India not accepting RMB😂😂😂
It will be even great for two countries if the business done in Indian Rupee. So Venezuela can purchase food, medicines and other essential things from Bharat. It's Win-Win situation. Unlike Islamic countries, Venezuela won't meddle in out internal politics too.
Only problem will be the geography. Venezuela is very far compared to Arab/Persian Gulf
I understand India's move to switch away from the Arab/Persian Gulf as that whole area is teetering on the brink of a major regional war. No matter how close-by an oil supply is, it's useless if one cannot get it due to a war going on.
Shipping costs can also be reduced if India gets the oil refined first before shipping it. Refining always reduces the volume to be shipped.
Venezuelans won' t even touch the Indian rupee with a ten foot pole.
@@wongsoongcheng1245 The means going back to petrodollar. When is the BRICS coming out? Can't wait
@@wongsoongcheng1245 that is cheng like comment.
@@wongsoongcheng1245Chinese?
It's Smart move by India
Whichever channel Palki chooses, peeps queue up to that channel. Also, glad to know India is buying oil from Venezuela again..
Thank America. It was by America's permission. India has to be smart.
@@dotmarceonothing to do with America
Very well narrated
It’s very to grasp the complexity of the news when explained by mrs sharma
Philippines should also buy too
Go for it. All the best India.
Sanction of Venezuela was eased due to political advantages and India's role also played a major role.
they're boycotting us ... let's boycott their oil ✌
India must aggressively boost on EV and nuclear power production
India has a lot more sunlight than Russia does.
I would put sanitation as the topmost priority item. The anus is the greatest part of the body and it deserves the respect of every other part of the body !
Thanks. Yet another clue to confirm the reasons for the latest West Asia war
The Israel-Hamas War and the Coming together of Saudi+Iran+Russia and China has forced this move, Russia and others will force India to buy in Chinese currency, also, there is a strong diplomatic tilt towards China from Russia, India is left with no option.
From what I see, the biggest problem for BRICS progress could be the presence of India. India can not make up it's position whether to support the US led alliance or the new Russia-China led alliance. India is bipolar, they simply can't make a clear cut choice.
India got 1.7 billion mouths to feed. Hell with BRICS if they don't benefit the indian population. Our leader aint a dictator, he has to answer to people. Unlike Xi Ping, Putin and other dictators in BRICS.@@AliBarisa
@@AliBarisathey are always thinking about, what is it for me, first. Always short sighted and never have long term strategy for their country. It will be soon the BRICS will be without India to slow and or hamper it's progress. They can always craw back to their master and beg for job.
@@AliBarisa
India isn't bipolar but it's trying to become non-aligned. The fact is that most countries including India cannot be totally independent in everything.
India obviously has to choose a position if it needs to buy and sell things with the rest of the world.
@@AliBarisaexactly, still has to look to it’s master, it is too easily instigated, too many fractions, the brightest and wealthiest are leaving india, they expire their brightest people instead of their stuff, making the rupee weak, who wants to trade in rupee at this point, holding rupee for what? India has very little commodities
Even if the india is buying so much oil from other countries that too in low price still how come the petrol price still 100 above..Tell me palki...This was upsurged in the course of time and became stagnant to this figure..if there is enough oil with them then why did the government not lowering the petrol price.. Atleast they could make it 70 or 80 which is reasonable for the common public..
Even if India buys oil cheaply
Indians will not get it cheap 😴
A good government in India is working for the benefit of its people and the country
Very correct scenario
Anyhow, we Indians will have to pay huge amounts for petrol and diesel price........😥
The benefits will go to Indian Oil Companies.
The question is what if Vanezuela demands India to pay in RMB?
Cannot understand as to why Indian companies not filling the gaps in Russian markets left open by the American companies due to sanctions. We have malls like Reliance, D'Mart etc which can open stores their and utilise the Rupees Russia gets from selling oil. That will stablish Indian brands in Russia, increase business and relationship/ friendship.
Venezuela should request for cash before delivery.
Venezuela want chinese yuan or gold upfront
India waited for US permission
China ignored US sanctions on Venezuela.
Which country between China or India can defend Global South countries
Let's see who will invest...in Venezuela
🇻🇪🤝🏻🇮🇳🤝🏻🇷🇺 Indo-Venezuelan & Indo-Russian Trade Ties be Updated Furthur !
Amit shah master mind
Very good news very good start
Palki, India’s cost of purchasing oil will still increase.
Venezuelan oil output is below a million BPD, and it export to other countries, so India will still have to purchase Russian oil, or increase oil imports from other OPEC nations, which will be more expensive because of the volatile situation with Palestine and Israel.
Also, India will never know when US will put back sanctions on Venezuela. I mean sanctions were imposed on Venezuela because US said it had unfair elections. However, the US backed opposition was able to swore himself in office, without a single vote from the people of Venezuela, and most countries agreed, and cut President Maduro, who the people voted for from obtaining its own money needed for medical supplies during Covid-19.
I mean, you can’t make this stuff up, so no telling what will happen in six months from now. Leaders have to think about what they do, because US has to feed, house and clothe all the Venezuelans coming across to US borders.
So, I think India should stick with Russia and come with a method for payment, or India will be stuck in the long term.
Right chose 🇮🇳. gulf countries be rejected by india 🇮🇳 they have been played enough no more...india is big oil importer by russia want Chinese yuvan exchange for oil india couldn't do ..indias electric wehcles being started...
India 🇮🇳 is diversifying its economy and is no longer tied up to extortions.
Doing business on level playing fields. Respect ✊
Bout time but don't forget Guyana. I'm not sure how far along they are in production however, an extremely large oil reserve was recently discovered in that country. The US *SHOULD* be paying attention and learn how to cooperate with their neighbors -- *HONESTLY*
The West *NEEDS* to make peace with Venezuela and negotiate some type of deal which will involve lifting sanctions and revamping oil production in Venezuela. This has the potential to be a win win situation for all involved - *IF* done correctly otherwise, China or Russia will eventually move in and dominate.
I seldom agree with India but in this case I give them an A+ - with a bonus.
india has been cut off from Russia because it refuses to settle in Yuan..so now India has to search out to Venezuela. best of luck
Faster adoption of Electric vehicles and Hydrogen is the way forward for Bharat
It's certainly a buyer's market
For the record, the US lifted sanctions and VZ immediately tried to ban the opposition party from running in the next election.
Brilliant move by India 👌👌
Main reason to lift the sanction is for US companies to by oil from Venezuela. US is low on its strategic petroleum reserve. There is no chance of discount from Venezuela while the sanctions are lifted.
And immigration is reduced if Sanctions are reduced.
Good move....
We can buy cheap oil but will the oil rate drop in india is the question
Some nice initiative, moves.
We support Venezuela 🇻🇪
But Venezuela not willing to accept the worthless Indian Rupees... 😂😂
Venezuela has the largest quantity of unextracted crude oil of any country on Earth.
Well Russia refused to accept Indian Rupees.
Russia ask for Chinese YUAN.
Venezuelian oil is sour as it has higher sulphur content and it will increase cost of refining and eventually the energy prices in India
We have even refiniers for that plus we buy oil from every oil producing nations so not much impact
I think india should work more the forex upi version then to make things more good
Supply disruption( price increase)... Discounted price (price decrease) what to take...
Every nation should buy ..
Practical decision.
I am Glad that we are doing this, it'll be better for both of our nation
They bought oil at leaser price in 2023 than in 2022. Great news! But why are we still paying more for oil in 2023 than in 2022? 😡
Really, good move by indian government.
Oil trade with Venezuela.
Good decision
Hats off to energy' minsiter ❤❤❤❤❤
india govt doing a good job very proactive
Why would Valenzuela sell their oil to India when their Rupees doesn't worth shits??? 😂😂😂
every two wheeler user in India should purchase a new two wheeler EV (Electric vehicle) as a back up vehicle as a status symbol.
That will be foolish, EV tech makes u dependent on chinese supply monopoly, and EVs cause as much pollution of earth just in different place and time. World has enough oil, just use it wisely.
Where is electric going to come
When is fraud Modi going to set up charging stations in petrol pumps and lower taxes on EV ?
Let's hope Venezuela is not accepting Indian rupees, can't have too much toilet paper.
Apakah Venezula berniat menjualnya ke India? Mengingat hubungan baik venezuela-China-Rusia.
India should be more outspoken in its support to Israel . People in isreal were very disappointed to see india abstain from the UN ceasefire when we all expected to them vote “ for “ just like United States . People of isreal really consider we have only 2 friends india and USA and india let us down in the UN vote . India should openly show its support to Israel just like how isreal has always supported India
Ccp credit +10
Chinese bot. Israel never supported India openly.
😂😂
Wait for complete transformation from oil to ev.
India was the first country to condemn Hamas attack - and called it a terrorists attack - plus India offered military help too , to counter the terrorism- your ambassador to India denied any help... hence don't be way too selective in building your narrative- we abstained from voting but so did many of your friendly country- I too am on the side of Israel but I do not support what Israel is doing now - the ground invasion- mostly killing innocents. It was a terrorist attack- support the retaliation but the Ground invasion is way too aggressive and inhuman.
We are a democratic country- we weigh everything and then we decide- we are not like Europeans - the American puppets. Where our master will go we will follow
It's not cheap for the common people of India. People would still get oil in excess of Rs.100. The only people who's going to get the oil cheap are the oil marketing companies.😓
These newsreaders don't want people to be aware. They just care about viewership and money.
It's cheap to another country. What we pay lower to another country
@@Vinayrsy you didn't get what he meant, Indian companies import cheap oil but have that changes the petrol, diesel price in India, in Mumbai petrol price is 106 rupees and it has been remain constant for more then a year now. If we have bought cheap Oil why there is no reduction in price for petrol and diesel. It is because they only drop oil in Indian market that is required by the Indian consumer and rest of the oil is exported to Europeans and other countries. Well this help the Indian economy to grow but has not use for us consumer. And we are being robbed by the government with their taxes. We are taxed almost 70 rupees for a litre of petrol. I am a strong BJP supporter but people must know that they are being robbed. Either bring a uniform tax throughout center and state or stop this bullshit of we are buying cheap oils. Because it does not help common people.
yes these days i dont like russia standiung with unfriendly nations.. lets change the oil buying country
What is the route (for ships)? That is important, too. Strangely the route around Africa (Cape of Good Hope in South Africa) is the shortest route. Being open Ocean, it can take VLCC & ULCC ships too.
The problem with Russian oil (apart from various other issues & factors), is the "route" again. The best & shortest is via Iranian soil.
Venezeulan Oil sector has been bled to death. almost all the experienced managers, domestic workers and support vendors have left the country. Without massive investment and years of sanction free growth, it will not be producing anywhere near its output before.
I always say , with due all respect. He has Rabits eyes.
A Rabi😮 can see in 360 angle/ degree directions . His thinking and problem solving brain is also active 24 hours a day.
And who is going to be benefited by this subsidy oil, common Indian is buying oil at premium price.
What's the benefit? India will still sell oil at higher prices
Nice step over venuzu crude oil ..modi hai toh mumkin also thanks to Russia
Thanx mam
Good sense make good ecomics
May be a good option
US removed sanctions from Venezuela so no problem 😅
We indians should start using public transport rather using cars and bikes for every other place we need to support our country. Using Cycle and walking to nearest shops and areas will help a lot.
❤
yeah why wasnt this explored before.. thats the biggest question of em all... we should have decoupled from iran and quatar decades ago..
Kudos to strong central govt even there are sanctions by usa on Venezuela we are going to purchase from them for cheaper prices
Venezuela should be aware of india as a vountry to do business with. Take the case of Russia after supplying the oil india is now insisting in 0ayijg for it in rupees.
The amount of money the US spends abroad is absurd, giving billions to countries, taxpayers money ,and yet we're struggling at home. Some of our cities and neighborhoods look like they're third world only with higher violent crime. We need help here not in some lands most of us cannot even pronounce correctly. Unfortunately this is imperalism and capitalism without a conscience.