Russia’s top Indian oil buyer to comply with Western sanctions
NegativeWorld Affairs
Reliance Industries Ltd, India's largest oil buyer, has announced its intention to comply with Western sanctions against Russia. This decision comes after the company signed a significant deal with Russian oil giant Rosneft last year to import nearly 500,000 barrels of oil per day. The move highlights the ongoing geopolitical tensions and the impact of sanctions on global oil trade, which could lead to shifts in energy supply and pricing.
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