Archive · 26 Dec 2025

Reliance Resumes Russian Oil Purchases

Reliance Resumes Russian Oil Purchases

Reliance Industries, a big company in India, has started buying Russian oil again after getting special permission from the U.S. The U.S. had rules that stopped companies from buying oil from two big Russian companies, Rosneft and Lukoil, but Reliance had already made some deals before the rules started.

So, they can finish those deals.

Reliance has a huge factory that makes oil into fuel, and they need this Russian oil to keep working.

They will get one more shipment in December and January from another Russian company called RusExport.

The U.S. wants India to buy less Russian oil, but Reliance is allowed to finish their existing contracts.

Reliance has two big factories in Jamnagar, one for selling fuel in India and one for selling fuel to other countries.

They stopped taking Russian oil for the export factory after November 20 and now only use it for the domestic factory.

Sources