Last week President Trump announced secondary tariffs of 25% against any nation who purchases oil from Venezuela. The approach was in response to the Venezuelan government refusing repatriation of their criminal gang members and organized narcotraffickers.
India operates the world’s largest oil refining company Reliance Industries, and facing the possibility of 25% tariffs against India, Reliance has cancelled oil purchases from Venezuela.
NEW DELHI, March 26 (Reuters) – India’s Reliance Industries (RELI.NS), opens new tab, operator of the world’s biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation, three sources said on Wednesday.
The Indian conglomerate, which last year obtained approval from U.S. authorities to purchase oil from the sanctioned producer, imports an average of 2 million barrels of Venezuelan crude every month, according to LSEG data.






Tell me again that common sense patriotic Americans are not in the majority… and growing.
The rebel alliance in California is throwing buckets of sand into the machinery… Well Done!
Thirty-three percent (33%) of Black adults say they are less likely to buy Coca-Cola because of the company’s involvement in the Georgia election law controversy, as are 35% of White adults and 44% of other non-white adults.