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This news about energy giants finalizing investment deals in Venezuela could influence global oil and gas supply, potentially affecting energy prices. For the textile industry, higher or volatile energy costs directly impact manufacturing expenses, particularly for synthetic fiber production (e.g., polyester from petroleum derivatives), dyeing, and finishing processes. Additionally, logistics and transport costs may rise, squeezing profit margins along the supply chain. Conversely, stable energy agreements could help moderate input costs in the long run. Textile firms should monitor energy pri
※ Opinion by KEFINE Insight