Daily trending news …
The US military action capturing Venezuelan President Nicolas Maduro has sparked geopolitical concerns, but Bajaj Auto clarified exports to Venezuela constitute less than 1% of total overseas shipments, with popular models like Pulsar and Boxer minimally affected.
The US military action in Venezuela has raised short-term sentiment concerns in global oil markets due to the country’s vast reserves. However, state-owned PDVSA reports normal production and refining, with no damage to key facilities. Pre-existing US sanctions already limited Venezuela’s exports, capping disruptions. Analyst Arne Lohmann Rasmussen predicts Brent crude may rise only $1-2 initially
