Archive · 23 Jul 2025

Reliance May Cut Russian Oil Amid Sanctions Threats, Turns to UAE

Reliance May Cut Russian Oil Amid Sanctions Threats, Turns to UAE

Reliance Industries, an Indian company, might stop buying oil from Russia because of possible penalties from the US and Europe.

Europe has made rules affecting Reliance's refinery in Gujarat.

Reliance recently bought oil from Abu Dhabi, which they don't usually do.

India has been buying more oil from Russia, but the government says it will find other options to get the energy it needs.

Sources