Indian Refiners Pivot From Russian to Venezuelan Crude ...Middle East

OILPRICE - Economy
Indian Refiners Pivot From Russian to Venezuelan Crude
Reliance Industries has bought its first cargo of Venezuelan crude since 2023 from Chevron, Reuters has reported, citing shipping data, amid growing appetite from Indian refiners for non-Russian oil supply. That appetite was prompted by U.S. pressure on the Indian government to reduce its imports of Russian crude—or face higher tariffs. Reliance Industries, India’s largest refiner, received a license to buy and sell Venezuelan crude from the United States federal government earlier this month. Reliance was the biggest single buyer of…

Hence then, the article about indian refiners pivot from russian to venezuelan crude was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Indian Refiners Pivot From Russian to Venezuelan Crude )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News
before 5 hours & 34 minute