Explained: How Reliance Industries benefits from India‑US trade deal and why the stock went up 7%

📅 Published: February 3, 2026 | 📂 Category: Uncategorized

Reliance Industries’ shares rose after a new India‑US trade deal cut tariffs to 18% and opened the possibility of Venezuelan crude resuming to India. Reliance’s heavy crude processing capacity positions it as a key beneficiary amid shifting global oil sourcing.

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