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IndustriesEnergy

Reliance Industries Secures Middle Eastern Oil Following Russia Sanctions

By Yongchang Chin, Serene Cheong, and Rong Wei Neo | October 24, 2025 at 5:30 AM UTC

In a strategic move, Reliance Industries Ltd. of India has acquired millions of barrels of crude oil from the Middle East and the United States. This acquisition comes in response to recent sanctions imposed by Washington on two Russian oil producers, which have raised alarms about potential disruptions in global oil supplies.

According to traders who requested anonymity due to the sensitivity of the information, the Indian refiner has secured multiple oil grades, including Saudi Arabia’s Khafji, Iraq’s Basrah Medium, and Qatar’s Al-Shaheen. Additionally, Reliance has purchased some West Texas Intermediate (WTI) crude oil from the US. The delivery of these cargoes is anticipated to take place in December or January.

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Source: Original