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Reliance Resumes Russian Oil Purchases Amid Sanctions

12/25/2025

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Summary

Story summary

Reliance Industries Ltd. has resumed purchasing discounted Russian crude after a brief halt due to U.S. sanctions.
The company is sourcing oil from non-sanctioned suppliers for its Gujarat refinery, which processes 660,000 barrels per day.
The move aims to mitigate a significant expected drop in India's Russian oil imports, potentially over half this month.
Reliance had previously paused purchases following sanctions on major Russian producers.

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Story summary

Reliance Industries Ltd. has resumed purchasing discounted Russian crude after a brief halt due to U.S. sanctions.
The company is sourcing oil from non-sanctioned suppliers for its Gujarat refinery, which processes 660,000 barrels per day.
The move aims to mitigate a significant expected drop in India's Russian oil imports, potentially over half this month.
Reliance had previously paused purchases following sanctions on major Russian producers.