India’s Reliance Stops Using Russian Oil at Part of Key Refinery

India’s Reliance Industries Limited said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings...

By Rakesh Sharma, Alex Longley · Bloomberg Markets

India’s Reliance Industries Limited said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow.