📷 Image: Wikimedia Commons / Reliance Industries
Business
US to Explore Hurdles and Opportunities for Reliance in Venezuelan Oil Refining
✍️ LatestLY
🗓 20 Oct 2026, 10:15 PM
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The United States will engage in discussions with Indian conglomerate Reliance Industries to address challenges and explore opportunities in refining Venezuelan oil.
United States officials announced plans to hold talks with Reliance Industries on refining Venezuelan oil. The discussions aim to identify regulatory, logistical, and financial hurdles that could affect the partnership. Reliance, a major player in India's energy sector, has shown interest in expanding its refining capacity using Venezuelan crude. The talks are part of broader U.S. efforts to diversify energy sources and support Indian companies abroad.