Reliance Industries considers purchasing Venezuelan oil if Washington authorizes sales
Indian refining giant Reliance Industries says it is ready to resume Venezuelan crude purchases, suspended since March 2025, if U.S. authorities authorize sales to non-U.S. buyers.
| Countries | Inde, Russie, États-Unis |
|---|---|
| Companies | Reliance Industries, Nayara Energy, Kpler |
| Sector | Pétrole |
| Theme | Marchés & Finance |
Reliance Industries, operator of the world’s largest refining complex, indicated it would consider acquiring Venezuelan oil if sales to non-U.S. buyers are authorized. “We await clarity on access for Venezuelan oil by non-U.S. buyers and will consider buying the oil in a compliant manner,” a company spokesperson said in an emailed response to Reuters. State-run refiners Indian Oil Corp and Hindustan Petroleum Corp would also consider this option, according to industry sources.
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