US Eyes India’s Reliance to Refine Venezuelan Oil

The US is looking to persuade India’s Reliance Industries Ltd. to refine more Venezuelan crude as Washington seeks to bring additional supplies to a market rattled by the Iran conflict.

By Eric Martin, Sudhi Ranjan Sen and Advait Palepu · Bloomberg Markets

The US is looking to persuade India’s Reliance Industries Ltd. to refine more Venezuelan crude as Washington seeks to bring additional supplies to a market rattled by the Iran conflict.