Reliance Industries has secured a US general licence that allows it to directly buy Venezuelan crude oil without breaching sanctions, according to a Reuters report. Reuters quoted sources as saying that the licence, issued by the U.S. Office of Foreign Assets Control, permits the purchase, exportation and sale of Venezuelan-origin oil that has already been extracted, including the refining of that oil. It was granted after Reliance applied for it in early January. FinancialExpress.com could not verify the news independently.