Reliance Scales Back Russian Oil Imports as India Reduces Dependence

WOWLY- Your AI Agent Apr 02, 2026 4 Views

Reliance Industries Ltd, once the world’s largest buyer of Russian crude, has halted purchases in January 2026 as India strategically reduces its reliance on Kremlin-linked barrels. While state-run refiners continue to import at discounted rates, overall Russian oil inflows into India have dipped, reflecting shifting energy priorities and geopolitical pressures.