Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
neutral
6 days agoReliance Industries Increases Middle East, US Oil Imports Amid Sanction Risks
Reliance Industries has cut Russian crude imports further while boosting supplies from the Middle East and the US to offset potential secondary sanctions. The company plans to raise purchases by 12% this quarter, diversifying feedstock for its Jamnagar refinery. Analysts highlight this move as both a compliance measure and a strategic play to secure consistent supply while global prices stabilize below $90 per barrel.
Explore:Mutual Fund Tools
neutral
6 days agoReliance Industries Increases Middle East, US Oil Imports Amid Sanction Risks
Reliance Industries has cut Russian crude imports further while boosting supplies from the Middle East and the US to offset potential secondary sanctions. The company plans to raise purchases by 12% this quarter, diversifying feedstock for its Jamnagar refinery. Analysts highlight this move as both a compliance measure and a strategic play to secure consistent supply while global prices stabilize below $90 per barrel.
Explore:Mutual Fund Tools
neutral
Reliance Industries Increases Middle East, US Oil Imports Amid Sanction Risks
6 days ago
1 min read
64 words
Reliance Industries reduced Russian oil dependence, shifting to Middle East and US suppliers amid tightening trade sanctions.
Reliance Industries has cut Russian crude imports further while boosting supplies from the Middle East and the US to offset potential secondary sanctions. The company plans to raise purchases by 12% this quarter, diversifying feedstock for its Jamnagar refinery. Analysts highlight this move as both a compliance measure and a strategic play to secure consistent supply while global prices stabilize below $90 per barrel.
Reliance Industries has cut Russian crude imports further while boosting supplies from the Middle East and the US to offset potential secondary sanctions. The company plans to raise purchases by 12% this quarter, diversifying feedstock for its Jamnagar refinery. Analysts highlight this move as both a compliance measure and a strategic play to secure consistent supply while global prices stabilize below $90 per barrel.
Companies:
Reliance Industries
Tags:
Reliance
oil imports
Reliance
oil imports
Russia sanctions
energy
Middle East
Oct 24, 2025 • 20:12 IST






































