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Reliance to buy sanctions-compliant Russian oil in February & March: Report
short by Aradhana / on Thursday, 22 January, 2026
After a one-month pause, Reliance Industries is set to receive sanctions-compliant Russian oil in February and March, a Reuters report said. Reliance last received Russian crude in December after securing a one-month concession from US. Reliance had a long-term deal with Russian firms Rosneft and Lukoil. The firm was sanctioned by US amid Russia-Ukraine war.
read more at Reuters