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Reliance Cuts Russian Oil Imports Amid Sanctions Pressure

11/24/2025

26 3 Full Breakdown

Summary

Story summary

Reliance Industries has halted Russian oil imports to comply with upcoming EU and US sanctions.
The move aligns with pressure to reduce reliance on Russian crude, which rose to 35.8% of India's imports since the Ukraine war began.
The White House welcomed the move, citing its importance for US-India trade talks, while some Indian refiners seek cheaper Urals crude from non-sanctioned sellers.

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Story summary

Reliance Industries has halted Russian oil imports to comply with upcoming EU and US sanctions.
The move aligns with pressure to reduce reliance on Russian crude, which rose to 35.8% of India's imports since the Ukraine war began.
The White House welcomed the move, citing its importance for US-India trade talks, while some Indian refiners seek cheaper Urals crude from non-sanctioned sellers.