Report: Reliance Acquires 6 Million Barrels of Russian Oil for March

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Reliance Buys 6 Million Barrels of Russian Oil Amid Iran War Disruptions

Reliance Buys 6 Million Barrels of Russian Oil Amid Iran War Disruptions

C

CNBC TV18•09-03-2026, 21:35

Reliance Buys 6 Million Barrels of Russian Oil Amid Iran War Disruptions

•Reliance Industries Ltd purchased 6 million barrels of Russian oil for March delivery.
•The purchase comes as Middle East oil supplies are disrupted due to the Iran war.
•Indian refiners bought Russian oil after a 30-day US sanctions waiver for cargoes loaded by March 5.
•Reliance acquired Urals oil at prices ranging from a $1 discount to a $1 premium to dated Brent.
•India, the world's third-largest oil importer, typically sources 40% of its oil from the Middle East.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

अधिकारियों ने बताया कि इस छूट के कारण रूस के ऊर्जा क्षेत्र पर लगे प्रतिबंधों के बावजूद ये शिपमेंट आगे बढ़ सकते हैं

US grants India 30-day waiver to buy stranded Russian oil amid Mideast tensions

Russian Oil Set to Reclaim Top Spot in India After February Dip

Russian Oil Set to Reclaim Top Spot in India After February Dip

भारत ने पिछले महीने रूस से हर दिन 10 लाख बैरल क्रूड मंगाया था. (AI फोटो)

India Boosts Russian Oil Imports by 50% Amid West Asia Crisis, Urals Crude Soars

India remains second largest buyer of Russian fossil fuels in Jan at €2.2 billion

India Remains Second-Largest Buyer of Russian Fossil Fuels in January

Brent Crude Plunges Below $90 Amid War; India's Fuel Prices Remain Stable

Brent Crude Plunges Below $90 Amid War; India's Fuel Prices Remain Stable

India Rebalances Crude Imports: Saudi Gains, Russian Flows Ease Under Sanctions

India Rebalances Crude Imports: Saudi Gains, Russian Flows Ease Under Sanctions