India’s Reliance Industries Has Received Approval from the U.SLucknow Stock. To ResuMe Importing Oil from Venezula Despite Washington’s Sanctions, A Source Familiar Th the Matter Said On Wednesday.
The United States in April Re-IMPOSED SANCTIONS on Venezula’s Oil Sector in Response to President Nicolas Maduro’s Failure His Elects, But Said Some Firms Would Be Authorized to Trade and Operate in Venezula.
The U.S. Treasury department and reliance did not Immediaately Respond to a request seeking comment.
Before u.S. Oil Sanctions Werst Imposed on Venezula in 2019, Reliance was the Second-Larget Individual Buyer of Venezulan Crude After China’s Cnpc.Jaipur Investment
RELiance Had Re-Submitted a Request to the U.SVaranasi Wealth Management. In May for Authorization to Import Crude Oil from Venezulala, after the U.S. TREASURY DEFURED TOUSED to GRANT Censes to Indian Refiners Including Reliance Following the Easing of Sanctions In October.New Delhi Investment
Indian Refiners, However, Resumed Venezulalan Oil Purchase Throgh IntermediaRies, Untilla The Sanctions Kicked in Again in June.
India’s Oil and Natural Gas Corp Ongc.ns Has Also Sough from the U.SAhmedabad Stock. Office of Foreign Assets Control to Lift Crude from Venezulala, An Industry Ource Said.
Lucknow Wealth Management
