Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Reliance Industries will consider purchasing Venezuelan oil
short by Vaishnavi Mishra / on Thursday, 8 January, 2026
Mukesh Ambani-led Reliance Industries, in a response to Reuters, said it will consider buying Venezuelan oil if permitted for sale to non-US buyers. "We await clarity on access for Venezuelan oil by non-US buyers and will consider buying…in a compliant manner," a Reliance Industries spokesperson said. Notably, Venezuela will export up to $2 billion worth of oil to US.
read more at Reuters