Venezuela oil czar courts India after $20 billion hit from US

Venezuela’s oil minister made a surprise appearance at an energy event in India, as the embattled OPEC producer seeks closer ties with major crude customers in the face of crippling U.S. sanctions.


said on Monday his nation wants to sell more crude to India, and that U.S. measures have resulted in a $20 billion loss to the Latin American country’s economy. He’s also the head of state producer Petroleos de Petroleos de Venezuela SA -- a post the career