1767947902 reliance industries limited.jpg

Will Reliance buy Venezuelan oil? ‘Await clarity on non-US buyers’ – here’s what the company said

Reliance Industries Ltd has said it may return to buying Venezuelan crude oil, provided sales are permitted to companies outside the United States. The conglomerate, which operates world’s largest refining complex, said that it is waiting for regulatory clarity before taking a decision.“We await clarity on access for Venezuelan oil by non-US buyers and will…

Read More
1762253511 this is an ai generated image used only for representative purpose.jpg

India’s diversification strategy bears fruit! Non-US markets offset some US export losses — Here’s how

The diversification strategy that India adopted after the US imposed a steep 50% tariff on Indian goods, is beginning to yield early gains.With exporters suddenly facing the higher duty, introduced in two phases: 25% from 7 August and doubled to 50% from 25 August, many have turned towards alternative markets across Asia, Europe and the…

Read More