Reliance Industries (RIL) on Friday said that it is currently assessing the impact of the sanctions imposed by the US, European Union (EU) and the UK on crude oil imports from Russia and export of refined products to Europe.

India’s largest private sector refiner, which is among the hardest hit from the sanction on Russia, will comply with EU guidelines as well as any guidance from India.

“We have noted the recent restrictions announced by the European Union, UK and the US on crude oil imports from Russia and export of refined products to Europe. Reliance is currently assessing the implications, including the new compliance requirements,” an RIL spokesperson said.

The oil-to-clean energy conglomerate will comply with EU’s guidelines on the import of refined products into Europe. Wheneve

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