Deepak Mahurkar, partner, oil & gas at PwC assesses Venezuelan inflation at between 200% and 600%. The ability to export oil is challenged due to damage to infrastructure. The impact on India's oil imports is not expected to be significant. The global investments in the country are hard to flow in despite the US efforts. The incumbent investors will further face uncertainty," Mahurkar added.

Source: Mint January 05, 2026 08:05 UTC