Reliance halts buying Russian oil for export-only refinery in Jamnagar over US sanctions

Reliance Industries halted Russian crude oil purchased for processing at its 'export-only' refinery in Gujarat's Jamnagar from November 20, a company spokesperson announced on Thursday. The company will instead use non-Russian oil for the refinery amid sanctions imposed by the EU and the US over the Russia-Ukraine war. Reliance has long-term deal to buy 500,000 barrels/day from Russia's Rosneft.