The US seizure of Venezuelan-linked oil tankers in international waters marks a sharp escalation in foreign policy conduct
Actions taken without Congressional approval, including plans to sell seized oil, raise doubts about legality and moral authority
With Russia signalling protection for its shadow fleet and China calling the seizures illegal, global tensions are visibly rising
Long-standing US sanctions have crippled Venezuela’s economy, while allegations against the Maduro regime lack firm evidence
Indian refiners rely on Venezuelan crude, while ONGC Videsh has major investments and funds stuck amid tightening sanctions
If the US normalises global chase-and-seizure tactics, India’s energy security, trade, and overseas investments could suffer