US to Sell Venezuelan Oil to India, Reliance in Talks
The US is ready to sell Venezuelan crude oil to India. Reliance Industries is in talks for approval to resume purchases, a major shift in global energy trade.
Category : Search result: Venezuelan oil wealth
US Forces Seize Fifth Tanker in Venezuela Oil Crackdown
US forces intercepted the tanker Olina in a pre-dawn raid, marking the fifth such seizure in a bid to control Venezuela's oil distribution. The operation signals a major escalation in US policy.
Reliance in Talks for US Permit to Buy Venezuelan Oil
Reliance Industries is negotiating with US authorities for a permit to purchase Venezuelan crude. This follows progress in US-Venezuela talks to ship 50 million barrels of oil. Read the full report.
Fifth Venezuelan Oil Tanker Captured by US in Sanctions Strike
US forces seize fifth oil tanker carrying Venezuelan crude in a major Caribbean operation, escalating pressure on Maduro's regime. Russia watches closely. Read the full details.
US seizes oil tanker Olina in Caribbean
The United States has seized the oil tanker Olina in the Caribbean, marking the fifth such action in recent weeks as Washington intensifies its crackdown on Venezuelan oil shipments. Read the full details.
US Offers India Venezuelan Oil, Sets Conditions on Russian Imports
The US proposes a controlled system for India to buy Venezuelan oil, aiming to diversify supplies while maintaining pressure to reduce Russian crude imports. A test for India's strategic autonomy.
Reliance May Resume Venezuelan Oil Purchases, Awaits US Clarity
Reliance Industries may resume buying Venezuelan crude if sales to non-US firms are permitted. This move could offer India a discounted, politically acceptable oil source amid pressure to cut Russian imports. Read more.
3 Indian Oil Stocks to Benefit from US-Venezuela Shift
As US-Venezuela tensions ease, ONGC, Reliance, and Indian Oil Corp could see major gains. Discover how these stocks stand to benefit from potential sanction relief and oil industry restructuring.
Reliance May Buy Venezuelan Oil Again
Reliance Industries is reportedly considering resuming Venezuelan crude oil purchases. This follows a halt in March 2026 after US tariffs. Explore the potential impact on India's energy sector.
UPSC Economy Quiz: Test Your Knowledge on Key Topics
Ace your UPSC Prelims 2026 prep with this essential Economy quiz. Test your knowledge on thorium reserves, global trade reports, Venezuelan crude oil, and India's mango production. Revise crucial static topics now!
US Plans Long-Term Control of Venezuelan Oil, Aims for $50/Barrel
The Trump administration is crafting a sweeping plan to dominate Venezuela's oil industry for years, aiming to lower global prices to $50 a barrel and counter Russian and Chinese influence. Read the full details.
US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
US Captures Russian Tanker Carrying Venezuelan Oil
The US has seized a Russian-flagged oil tanker linked to Venezuela in the North Atlantic for sanctions violations. The move escalates Trump's global crackdown days after Maduro's capture. Full details inside.
US Announces Venezuela Energy Deal Post-Maduro Capture
Following the capture of Venezuelan President Nicolas Maduro, the US announces a historic energy initiative to stabilise Caracas's oil sector and allow its crude into global markets under US oversight. Read the full details.
US Seizes Russian Tanker, Sparks Tensions with Moscow
The US confiscates a Russian-flagged oil tanker, MV Marinera, bound for Venezuela. Russia condemns the act as 'piracy,' escalating diplomatic tensions. Full details inside.
US Rolls Back Venezuela Sanctions for Energy Deal
The US announces a selective rollback of sanctions on Venezuela, granting a license for crude oil sales. This major policy shift aims to boost global supply and follows a deal between Maduro's government and the opposition. Read the full details.
US Outlines 3-Phase Venezuela Plan, Seizes Oil
US Secretary of State Marco Rubio details a post-Maduro plan for Venezuela: stabilisation, recovery, and transition. US to seize and sell 30-50 million barrels of stranded oil. Read the full strategy.
Indian-Origin Wealth in UK Jumps £57.7bn in 10 Years
A new study reveals a massive £57.7 billion surge in wealth among Indian-origin adults in the UK over the past decade. Discover the key drivers and what this means for the community's economic influence.
US to get 50M barrels of Venezuelan oil, Trump says
US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.
US Captures Maduro, Seizes Venezuelan Oil in Raid
US airstrikes in Caracas lead to capture of President Maduro, 56 deaths, and seizure of 50M oil barrels. Global outcry over legality. Latest updates.
Trump: Venezuela to Transfer Up to 50M Oil Barrels to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
Trump: Venezuela to transfer up to 50M barrels oil to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Venezuela's Interim Govt to Send Oil to US Under Trump Plan
Former US President Donald Trump reveals a deal where Venezuela's interim authorities will redirect 30-50 million barrels of sanctioned oil to the US. Details inside.
UK Wealth Gap Widens: Indians Gain, Pakistanis Lose
A new LSE report reveals a stark ethnic wealth divide in Britain. Indian and white British groups saw substantial gains, while Pakistani, Bangladeshi, and Black groups lagged far behind. Explore the data and implications.
US Venezuela Oil Grab Meets China's Falling Demand
The US action to arrest Maduro and seize Venezuela's oil aims to curb China's influence. However, China's shrinking crude demand and teapot refiners' struggles pose a major hurdle for any revival. Read the full analysis.
Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude
An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.
Venezuela's New Leader Balances Trump Demands & Regime Survival
Acting President Delcy Rodríguez faces a perilous balancing act, trying to appease US President Trump's oil demands while preventing Venezuela's socialist regime from imploding. Analysis inside.
Trump's Venezuela Oil Strategy: Heavy vs Light Crude Explained
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
US Spent Decades Pressuring Venezuela Over Oil Before Maduro
The Trump administration's 2026 military action in Venezuela capped decades of US pressure aimed at the nation's vast oil wealth, targeting leaders from Chavez to Maduro. Explore the historic context.
World's Largest Oil Reserves 2025: OPEC Dominates
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
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