India's largest refinery claims to have stopped buying Russian oil
Kyiv • UNN
India's largest holding company, Reliance Industries, said it does not expect deliveries of Russian crude oil in January and has not received such shipments in the past three weeks. This could reduce India's imports of Russian oil to their lowest level in years.
India's largest oil holding company, Reliance Industries, has stated that it does not expect deliveries of Russian crude oil in January and has not received such shipments for the past three weeks. This was reported by Reuters, according to UNN.
Details
The publication indicates that this could reduce India's imports of Russian oil for the month to the lowest level in recent years.
Reliance Industries' Jamnagar refinery has not received any shipments of Russian oil for the past three weeks and does not expect deliveries of Russian crude oil in January.
The media adds that Reliance's statement came after US President Donald Trump warned on Sunday that the US could further increase import tariffs for India over its purchases of Russian oil.
For reference
India became the largest buyer of discounted Russian oil after the full-scale war in Ukraine began in 2022. Such purchases drew negative reactions from Western countries, which imposed sanctions against Russia's energy sector, arguing that oil revenues help finance Moscow's military actions.
Recall
Recently, Bloomberg reported that at least three tankers with almost 2.2 million barrels of Urals crude oil are heading to India's Reliance Industries Ltd. refinery in Jamnagar. This comes after the plant resumed purchasing Russian oil for domestic production.
India's Russian oil imports fell by almost 18% this year - Media26.12.25, 09:04 • 3084 views