Indian oil refiners see opportunity in Donald Trump’s Venezuela action
Groups including Reliance stand to benefit as they seek low-cost alternative to sanctioned Russian supply
Related reading
US oil companies warn they will need guarantees to invest in Venezuela
Donald Trump to hold more talks with industry bosses as president flexes power over energy markets
Donald Trump’s Russian oil waiver offers little relief for India
US permission to buy ‘on-water’ crude leaves Indian refiners still facing Middle East supply shock
Traders braced for oil market upheaval after Donald Trump’s Venezuela strikes
Investors will weigh short-term disruption to Venezuelan exports against potential to eventually pump more crude
Trump’s Russian oil sanctions hit India and China’s imports
Largest refineries look at curbing purchases after US measures aim to impede Putin’s war machine
India’s Russian oil conundrum: yield to Donald Trump or face tariff backlash
Narendra Modi under pressure over cheap crude imports as he seeks to limit economic damage from US
Trump says India’s Reliance will back first new US oil refinery in 50 years
US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices