Crisil Ratings reports that the recent US action in Venezuela is unlikely to significantly impact India's global trade or corporate credit quality. Venezuela's small share (1.5%) of global crude supply means disruptions are unlikely to cause sustained turbulence in oil prices, shielding India Inc. India's direct trade with Venezuela is minimal, with crude oil comprising over 90% of its imports. While near-term oil prices are unaffected, future investments in Venezuela's reserves could potentially lower prices long-term, benefiting India.