New Delhi, Jan. 10 -- Foreign affairs expert Robinder Sachdev on Saturday said that the US aims to make Venezuela a colony and sell its oil, with American and European companies investing in the sector.

Speaking with ANI, Sachdev noted Indian refineries, like Reliance's Jamnagar, can process Venezuelan crude, making it a viable option for India if prices are right.

"What the US is saying is something very obvious. America will be willing to sell Venezuelan oil to anyone in the market. That's what America is talking. America plans to make Venezuela a colony run by remote control Viceroy Marco Rubio and investments in the oil industry by American oil companies, European oil companies. Many of them are not actually very eager because they ...