Reliance to Halt Oil Imports from Russia: U.S. Sanctions Shake Up India’s Energy Trade
India’s oil trade is facing a major shift as Reliance Industries, the country’s largest private refiner, prepares to halt oil imports from Russia. This move comes after new U.S. sanctions targeted several major Russian oil companies, creating ripples across global energy markets. For over two years, Indian refiners have relied heavily on discounted Russian crude….