Reliance’s last cargo of Venezuelan oil arrived in India in May 2025. Clarity on buyer profileRIL said on Thursday it would consider resuming purchases of Venezuelan crude if sales to non-US buyers are permitted under US regulations. “We await clarity on access for Venezuelan oil by non-US buyers and will consider buying the oil in a compliant manner,” a spokesperson at RIL told Reuters. Public sector refiners Indian Oil and Hindustan Petroleum will also consider buying Venezuelan oil if sales are allowed to non-US companies, industry sources said. HPCL-Mittal Energy, Nayara Energy, IOC, and MRPL have also imported Venezuelan oil in the past.

Source: The Telegraph January 10, 2026 02:16 UTC