Reliance Industries Adjusts Russian Oil Imports Amid New Western Sanctions

Reliance Industries Adjusts Russian Oil Imports Amid New Western Sanctions
Reliance Industries Limited (RIL) has announced that it is recalibrating its imports of Russian crude oil to ensure full compliance with India’s trade and regulatory guidelines. The move comes in response to the latest round of sanctions imposed by the United States and the European Union on Russian oil companies. Company officials said the adjustments are part of Reliance’s commitment to maintaining transparency and adhering to international trade norms while safeguarding India’s energy security. RIL, one of India’s largest refiners, has been a key importer of discounted Russian crude since 2022, following disruptions in global oil markets. The company is reportedly reviewing supply contracts and payment mechanisms to avoid exposure to restricted entities. Analysts said the decision reflects growing caution among Indian refiners as geopolitical tensions reshape global energy flows. Reliance affirmed that its operations and refinery output will continue without disruption despite the changes.