Reliance Industries news: Reliance Industries Ltd (RIL), led by chairman Mukesh Ambani , has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union (EU) sanctions, PTI reported. The complex is made up of two refineries - one SEZ unit from which fuels are exported to the European Union, the US and other markets, and an older unit that caters to the domestic market. Reliance refines the crude into petrol, diesel and aviation turbine fuel (ATF), a large share of which is exported to regions such as Europe and the United States, at market prices, generating strong margins.

India's largest buyer of Russian oil

The Ambani company, Reliance, is India's largest buyer of Russian oil, which it processes and turns in

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