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Reliance resumes oil imports from Russia
Financial Express Mumbai
|December 25, 2025
RELIANCE INDUSTRIES RESUMED purchases of discounted Russian crude, sourcing barrels from non-sanctioned suppliers and routing them to its refinery in Gujarat, according to people with knowledge of the matter.
India's largest refiner contracted Aframax tankers from RusExport and is routing flows to a 660,000-barrel-a-day plant that supplies domestic customers, the people said, asking not to be identified discussing sensitive information. Its return to the market is likely to pare a decline in India's purchases of Russian oil, which officials have said could more than halve this month.
This story is from the December 25, 2025 edition of Financial Express Mumbai.
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