Persian Gulf Archives - The Daily Journal

Venezuela’s oil exports fall in July as indian demand declines

August 5, 2026August 5, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Venezuela’s oil exports declined in July as demand from India weakened after the ceasefire in the conflict involving Iran allowed Middle Eastern crude cargoes stranded in the Persian Gulf to reach international markets, Bloomberg reported. July data tracked by Kpler Ltd. show that shipments of Venezuelan crude to India, one of […]

Indian refineries turn to Venezuelan oil amid Middle East crisis

July 28, 2026July 28, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — As escalating conflicts in the Middle East severely disrupt crude oil flows through the Persian Gulf and the Red Sea, Indian refineries have begun testing Venezuelan crude as a strategic alternative to secure the country’s energy supply, according to a report published by ETEnergyworld.com. An increase in Houthi attacks on commercial […]