Reliance Industries has resumed purchases of discounted Russian crude, sourcing barrels from non-sanctioned suppliers to feed its refinery at Jamnagar, Gujarat. ADVERTISEMENTThe company said the last purchase of sanctioned oil was loaded on November 12 to be delivered at a later date. However, he declined to comment if the company is buying Russian crude from non-sanctioned entities. That’s left Indian refiners to tap exports from non-sanctioned Russian entities — as well as costlier alternatives from elsewhere — though Russian flows were still expected to drop sharply. The export-oriented refinery last took a shipment of Russian crude on November 20, Reliance said last month.

Source: The Telegraph December 25, 2025 03:00 UTC