Explained: How Reliance Industries benefits from India‑US trade deal and why the stock went up 7%
- Posted on February 3, 2026
- By Business News Today
- 3 Views
Explained: How Reliance Industries benefits from India‑US trade deal and why the stock went up 7%
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. Reliances heavy crude processing capacity positions it as a key beneficiary amid shifting global oil sourcing.
