Possible scenario
Licensed Reliance Expansion
45% Chance
Washington grants or clarifies sanctions permissions that let Reliance Industries materially increase purchases and processing of Venezuelan crude. The outcome fits the recent pattern of easing Venezuelan oil sanctions while encouraging India to reduce dependence on Russian barrels.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy +0.5%
Tickers
- CVX+1.0%
Portfolio impact
S&P 500+0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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