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India emerges as top buyer of Venezuelan crude oil in December, January

Indian refiners had stopped oil imports from the Latin American country in 2020 after the United States (US) imposed sanctions on Caracas. With Washington temporarily easing restrictions on Venezuela’s oil sector in October, Indian refiners mainly Reliance Industries (RIL) are back in the market for Venezuelan oil that is likely available at a discounted price.

Venezuela fake dollars crisis as economy freefalls and mansions cost $40,000 | World | News

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