EU ban

1 articles

Reliance Industries has ceased purchasing Russian crude oil due to EU restrictions on Russian oil taking effect in 2026 and US sanctions on Rosneft–Lukoil. This decision is viewed as a critical turning point in US–India trade relations and global oil flows.
Procurement

India's Largest Company Reliance Halts Russian Oil Imports

India's Largest Company Reliance Halts Russian Oil Imports