US Weighs Sanctions Relief for India to Boost Venezuelan Heavy Crude Processing
Published 4 h ago6 sourcesEvidence: Reported
A senior US official indicated Washington is open to resolving sanctions-related barriers that currently prevent India from expanding its refining of Venezuelan heavy crude. India has expressed interest in boosting processing capacity but faces restrictions tied to US sanctions on Venezuela. This signals a potential policy shift that could increase Venezuelan oil flows to India, affecting global crude supply dynamics and US-India energy ties.
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