Reliance Industries Says It Will Follow EU, US, UK Rules on Russian Crude; Assures India’s Energy Security Won’t Be Hit

Reliance Industries Ltd (RIL), India’s largest private refiner and top buyer of Russian crude oil, said it will comply with all sanctions imposed by the European Union (EU), US, and UK on imports of Russian crude and exports of refined products to Europe. In an official statement, a Reliance spokesperson says the company is assessing the implications of the new measures and will ensure full compliance with both international and Indian regulations. “Reliance will comply with the EU’s guidelines on the import of refined products into Europe. Whenever there is any guidance from the Indian government in this respect, as always, we will be complying fully,” the spokesperson says. The statement followed sweeping sanctions announced by Washington, London, and Brussels this week targe