India welcomes return of Venezuelan oil to market: Puri

India will always buy crude oil from Venezuela as long as it is permitted to, Union oil minister Hardeep Singh Puri said on Friday.

“We always buy from Venezuela. It’s when Venezuela came under sanctions that they were not able to supply,” Puri said.

“We are willing to resume (oil purchases) with anyone who is not under sanctions”, he added.

In 2019-20, the country had imported 6.03 billion worth of petroleum oil from Venezuela which made up 99.5% of India’s total imports from the country.

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