Archive · 22 Nov 2025
Reliance Halts Russian Oil Imports Amid US, EU Sanctions
Reliance Industries, India's largest fuel exporter, has stopped importing Russian oil into its Jamnagar refinery.
This is because the United States and its European allies have put sanctions on Russian oil exporters due to the war in Ukraine.
Reliance has completed this transition earlier than required to make sure they follow the rules set by the US.
Reliance Industries stops importing Russian oil into its Jamnagar refinery
Mukesh Ambani-led conglomerate complies with western sanctions on Russia
US and European allies impose sanctions on Russian oil exporters since February 2022
US President Trump alleges Russian oil imports fuel Moscow's war in Ukraine
Reliance completes transition ahead of schedule, ensuring compliance with US restrictions
- Who
- Reliance Industries
- What
- Stopped importing Russian oil
- When
- From December 1, 2022
- Where
- Jamnagar refinery, Gujarat, India
- Why
- To comply with western sanctions on Russia amid the war in Ukraine
Compliance with Sanctions
Economic Interests
Russian Oil Imports
Compliance with Sanctions
Reliance stops imports to comply with US and EU sanctions
Economic Interests
Continuing imports could maintain lower oil prices and benefit Reliance's business
- Sanctions Imposed
- By US and European allies since February 2022
- Reliance's Russian Oil Imports
- About 500,000 barrels per day
- Reliance's Oil Exports to Europe
- 28% of total exports
- US Deadline for Winding Down Transactions
- January 21, 2023
- EU Ban on Russian Petroleum Products
- In effect since December 5, 2022
Sources
After Trump sanctions threat, Reliance stops importing Russian oil for export refinery
Reliance Industries stops import of Russian crude oil amid ban by European Union and expiry of ‘wind down’ period by US: Details
As RIL halts Russian imports, US official says India-China banks also ‘complying’ with sanctions
Three killed after 5.7 magnitude quake in Bangladesh, police says
Why Reliance halting purchase of Russian crude doesn’t mean India has bent to the US
RIL shares hit 52 week high: Expert sees margin improvement, says this on retail, telecom biz
India shifting back to Middle East crude as US sanctions hit Russian oil flow: Energy expert Christof Rühl