TNPSC Thervupettagam

Venezuelan Crude Oil Imports

December 5 , 2023 356 days 298 0
  • Indian refiners, including Reliance Industries, have reinitiated the import of Venezuelan crude oil through intermediaries.
  • The move comes in the wake of the temporary lifting of U.S. sanctions on Venezuela.
  • Reliance Industries plans direct talks with PDVSA (Venezuela’s state-owned oil firm) executives for potential direct sales.

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