Economy Bloomberg 24d ago

Reliance Resumes Russian Crude Buying After Sanctions Pause

Market Intelligence Analysis

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Why This Matters

Reliance Industries has resumed buying Russian crude oil after a pause due to sanctions, with orders placed for February and March delivery of non-sanctioned oil.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Reliance Industries Ltd. has placed orders for non-sanctioned Russian crude for delivery in February and March, according to a person familiar with the matter.

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Original article published by Bloomberg on January 21, 2026.
Analysis and insights provided by AnalystMarkets AI.