U.S. strike on Venezuela: 3 scenarios for Indian oil stocks when markets reopen
NEW YORK, Jan 3, 2026, 17:37 ET U.S. President Donald Trump said the United States attacked Venezuela and captured President Nicolas Maduro on Saturday, a dramatic escalation that could feed oil-price volatility and spill into Indian oil stocks when markets reopen. Reuters The immediate transmission channel is crude. Indian Oil Corp (IOC.NS) and its state-run peers Bharat Petroleum (BPCL.NS) and Hindustan Petroleum (HINDPETRO.NS) import most of their crude and sell fuel domestically, leaving earnings sensitive to sudden moves in global prices. That sensitivity sharpened after Reuters reported Venezuela’s crude and fuel exports were effectively paralyzed because port captains had not
