India Will Be New Buyer of Venezuelan Oil, Wright Says

Feb. 26, 2026, 11:23 PM UTC

Energy Secretary Chris Wright says India will be a new buyer of Venezuelan oil, during remarks to reporters in Texas.

  • “Most of that oil will go here to the US Gulf Coast, but it’ll go to India, it’ll go to Asia, it’s going to Europe,” Wright says
  • Wright says yes when asked if Venezuelan oil exports or sales would increase

To contact the reporter on this story:
Jennifer A. Dlouhy in Washington at jdlouhy1@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Andrea Salcedo, Natalie Choy

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