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Reliance secures US concession to purchase Rosneft oil
Mint Chennai
|December 25, 2025
Reliance Industries Ltd continues to receive oil cargoes supplied by Rosneft after obtaining a one-month concession from Washington, which had imposed sanctions on the Russian producer, two sources familiar with the matter said.
The special permission for Reliance was not reported previously. In October, the US imposed sanctions on Rosneft and Lukoil, giving companies until November 21 to wind down transactions with the two energy firms.
This story is from the December 25, 2025 edition of Mint Chennai.
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