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Reliance Shifts Oil Imports Toward Middle East and U.S. Sources
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Reliance Industries reduced Russian oil intake, boosting Middle East and U.
Reliance Industries confirmed a strategic realignment of its crude-sourcing mix, cutting Russian volumes in response to expanded U.S. sanctions. The company has increased shipments from Saudi Arabia and the U.S. to maintain refinery throughput. Analysts said the diversification shields Reliance from geopolitical shocks and ensures continuity in its Jamnagar operations while aligning with new global compliance norms.