Reliance Industries is considering resuming Venezuelan crude oil purchases if non-US buyers are permitted, awaiting regulatory clarity. Other Indian refiners like Indian Oil Corp and Hindustan Petroleum Corp are also open to Venezuelan oil under similar conditions. This potential shift comes as India faces pressure to reduce Russian oil imports.
Related Posts
‘Won war? Enjoy destroyed runways and burnt-out hangars’: India mocks Pak at UN
India sharply rebuked Pakistan at the UN, dismissing its victory claims in a recent war and demanding an end to terror sponsorship. New Delhi reminded […]
50% tariff & ‘witch hunt’ cry: Why Trump is going all-out against Brazil
Donald Trump’s 50% tariff on Brazilian imports has ignited a diplomatic clash with President Lula, who decried “tutelage” and vowed retaliation. Trump defends Bolsonaro amidst […]
IndiGo CEO backs government policy as Emirates seeks more seats
As Indian airlines aim to capture a larger share of international travel, IndiGo’s CEO, Pieter Elbers, has strongly opposed Emirates’ persistent requests for increased flying […]