India shows some reliance on Venezuelan oil after 3-year hiatus as US sanctions ease

India plans to resume importing Venezuelan oil after a three-year pause, seizing the opportunity presented by eased US sanctions on the South American nation. Reliance Industries Ltd has booked two supertankers, C. Earnest and C. Genuine, along with Very Large Crude Carrier Eucaly, potentially holding a total of 6 million barrels.

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