Reliance begins recalibration of Russian oil imports amid US sanctions on Rosneft and Lukoil
New Delhi: Reliance Industries Ltd is reassessing its crude oil imports from Russia and will remain fully aligned with government’s guidelines, the company said in a statement after US announced sanctions on two major Russian oil companies.
“Recalibration of Russian oil imports is ongoing, and Reliance will be fully aligned with Government of India (GOI) guidelines,” a company spokesperson told Reuters, responding to a query on whether Reliance plans to reduce Russian crude purchases.
Reliance, one of India’s largest private conglomerates,........

Toi Staff
Sabine Sterk
Gideon Levy
Mark Travers Ph.d
Waka Ikeda
Tarik Cyril Amar
Grant Arthur Gochin