Reliance Industries Ltd (RIL), India’s largest buyer of Russian crude, is reportedly scaling back oil imports from sanctioned Russian entities in a bid to comply with Western sanctions and protect its access to key U.S. and European markets, The Economic Times has reported.

In October, Reliance cut Russian crude imports to 534,000 barrels per day (bpd), a 24% drop from September and 23% below its April–September average, according to energy analytics firm Kpler. Russia’s share in Reliance’s crude mix fell sharply to 43%, down from 56% the previous month. Advertisement

To compensate for the shortfall, Reliance ramped up purchases from the Middle East. Saudi oil volumes surged 87%, while Iraqi imports rose 31%, bringing their combined share to 40% of RIL’s crude basket in October — up fro

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