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VENEZUELAN OIL SANCTIONS
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...21 Oct, 2026, 04.38 PM IST- Rubio calls India a refining superpower, says US to discuss Venezuela oil with RelianceDuring his visit to India, Marco Rubio emphasized the country's refining capabilities for heavy crude oil. He noted that Indian companies h...21 Oct, 2026, 04.22 PM IST
- Here’s why Marco Rubio is visiting Jamnagar, the small Indian city with world’s largest oil-refining complexU.S. Secretary of State Marco Rubio is visiting Jamnagar, India, to discuss energy cooperation with Reliance Industries. His discussions wi...21 Oct, 2026, 08.58 AM IST
- Marco Rubio, S Jaishankar discuss energy ties as India-US trade deal nears finalisationUS Secretary of State Marco Rubio and S Jaishankar discussed energy security, defence, technology and regional issues in Mumbai. Rubio said...21 Oct, 2026, 06.00 AM IST
- In second visit within months, Rubio calls on India to scale up US energy and defence buysIndia and the US are actively working to expand energy and defence cooperation amidst existing tensions. US Secretary of State Marco Rubio ...20 Oct, 2026, 11.43 PM IST
- US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...16 Oct, 2026, 07.54 AM IST
- Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...13 Oct, 2026, 03.31 PM IST
- MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...11 Oct, 2026, 10.07 AM IST
- Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...07 Oct, 2026, 01.39 PM IST
- US jails Marco Rubio ally David Rivera for secret Venezuela lobbyingDavid Rivera, a former congressman, received a 10-year prison sentence for unregistered lobbying for Venezuela. He was convicted for money ...03 Oct, 2026, 02.03 PM IST
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...28 Sep, 2026, 04.37 PM IST
- Venezuela president returns from US visit with no deals, no firm election dateDelcy Rodriguez, Venezuela's interim President, attended the UN General Assembly in search of business deals. Her visit aimed to showcase V...26 Sep, 2026, 03.40 PM IST
- Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' IranUS President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement f...23 Sep, 2026, 04.27 PM IST
- What America’s $100 billion Venezuela oil investment could mean for climate change, oil spills and vulnerable communitiesA significant United States investment in Venezuela's oil sector raises environmental concerns. Increased oil production could worsen exist...17 Sep, 2026, 01.19 AM IST
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...08 Sep, 2026, 06.58 AM IST
- The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil dealBillionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...06 Sep, 2026, 02.32 PM IST
- US structured Venezuela oil position to protect it from dilution, official saysThe US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises....05 Sep, 2026, 08.34 AM IST
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