Reliance continues Russian oil imports after US waiver
after close1 source ↓written by the desknot a recommendation
- and adjusted processing
- 15 cargoes
Reliance Industries has secured a one-month US sanctions concession, allowing it to continue importing Russian oil from Rosneft. Since late November, the company has received nearly 15 cargoes and adjusted processing to sustain fuel exports to the EU. Despite expected dips in Russian crude imports, India remains a significant buyer of Russian oil. ⚡
Not investment advice. For informational purposes only.