Reliance Industries to Recalibrate Russian Oil Imports

Reliance Industries to Adjust Russian Oil Imports Following Government Guidelines

Reliance Industries, India’s largest private oil buyer, has announced it will recalibrate its crude oil imports from Russia in accordance with Indian government guidelines. This move comes as the United States and Europe intensify sanctions against Moscow.

The company confirmed the adjustment in response to a Reuters query, stating: “Recalibration of Russian oil imports is ongoing and Reliance will be fully aligned to GOI (Government of India) guidelines on the extent of recalibration.”

With inputs from Reuters.

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