India's Reliance Purchases Iranian Crude Oil Following US Sanction Waiver
India's Reliance Industries has reportedly purchased 5 million barrels of Iranian crude oil, a move enabled by a sanction waiver from the Trump administration. This follows significant purchases of Russian crude by Indian refiners to address supply shortages from the Middle East.
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Exclusive: India's Reliance buys 5 million barrels of Iranian oil after US waiver, sources say - Reuters
Exclusive: India's Reliance buys 5 million barrels of Iranian oil after US waiver, sources say Reuters
Read full article →Exclusive-India's Reliance buys 5 million barrels of Iranian oil after US waiver, sources say
Read full article →After Trump's sanction waiver, Reliance buys 5m barrels of Iran crude oil: Report
The move follows large-scale buying of Russian crude by Indian refiners, who secured more than 40 million barrels to deal with supply crunch from the Middle East.
By TOI BUSINESS DESK
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