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Venezuelan oil helping India navigate Hormuz energy crisis

(Al Jazeera Media Network) Venezuela has emerged as India’s third-largest crude oil supplier this month, as the war on Iran and the closure of the Strait of Hormuz force countries to scramble for alternative energy sources. Shipments from Venezuela to India are nearly 50 percent higher than they were in April, according to energy tracking data. Venezuelan Acting President Delcy Rodriguez is expected to travel to India next week to discuss oil sales, United States Secretary of State Marco Rubio said. At an estimated 303 billion barrels of oil – about 17 percent of known global oil resources – the South American…

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