Reliance Industries sends fuel from India, Europe to Venezuela to sidestep US sanctions: Report

NEW DELHI/MEXICO CITY: Reliance Industries (RIL) is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar US-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Eikon data. Reliance had been supplying alkylate, diluent naphtha and other fuel to Venezuela through its US-based subsidiary before Washington in late […]