
Reliance Industries has resumed purchasing discounted Russian crude oil, sourcing barrels from non-sanctioned suppliers for its Jamnagar refinery. The company had paused imports following U.S. sanctions on Russian producers Rosneft and Lukoil. While Reliance received a one-month waiver to receive pre-contracted cargoes, its return to the market is expected to mitigate a significant drop in India's overall Russian oil imports this month.