23 Oct 2025 | 5 Mins Read
Reliance to reduce Russian oil imports after US sanctions
Flipitmoney
US sanctions on Russian oil companies Rosneft and Lukoil may impact Reliance Industries' crude imports, which accounts for half of India's 1.7 million barrels per day imports. State-run refiners may continue buying Russian oil through intermediary traders, mostly European or Dubai/Singapore-based companies. Reliance's imports will be affected, but no immediate halt is expected.