
U.S. Push to Redirect India’s Crude Imports Toward Venezuela Seeks to Erode Russian Oil Revenue
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Reliance secures U.S. authorization to import Venezuelan crude
An unnamed source says Reliance Industries has been granted a limited U.S. license to buy Venezuelan oil directly. The permission fits within a calibrated U.S. strategy to enable targeted Venezuela commerce while keeping broader sanctions in place, but near‑term supply gains are constrained by Venezuela’s production and infrastructure limits.

Kremlin and analysts question Trump’s claim that India agreed to stop buying Russian oil
President Trump framed a U.S.–India commercial understanding as including an Indian pledge to curb purchases of Russian crude, but the Kremlin says it has received no such notification and independent analysts warn New Delhi is unlikely to sever Russian oil ties quickly given price, refinery and logistics realities. The package does include concrete tariff relief for India and large procurement pledges that will be subject to verification and implementation hurdles.




