Reliance Industries Ltd, one of the top importers of crude oil from Russia has decided to recalibrate its oil imports from that country in line with Government of India’s guidelines
| Photo Credit: Reuters
Reliance Industries Ltd, one of the top importers of crude oil from Russia has decided to recalibrate its oil imports from that country in line with Government of India’s guidelines.
A company official confirmed the development.
This comes after new sanctions being imposed by U.S. and Europe on Russia oil firms.
Indian refiners including IOC, HPCL and BPCL as well as Reliance have been major importers of Russia crude in the spot market over the last few years.
Published – October 23, 2025 10:06 am IST