Economy Bloomberg 2h ago

Reliance Gets US General License to Buy Venezuela Crude Directly

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Why This Matters

Reliance Industries Ltd. has received a US general license to buy Venezuelan crude directly, potentially increasing oil imports from Venezuela.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Indian private refiner Reliance Industries Ltd. has received a general license from the United States that will allow it to purchase Venezuelan oil directly, according to a person familiar with the matter.

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Original article published by Bloomberg on February 13, 2026.
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