Reliance Hits Pause as US Sanctions Disrupt India’s Russian Oil Supply — Who’s Buying and Who’s Staying Away
India’s energy sector is facing fresh turbulence as US sanctions on Russian oil trade begin to disrupt supply chains, forcing major refiners like Reliance Industries to pause certain purchases. The development has triggered a reshuffling of buyers and sellers in the global oil market, raising questions about India’s long-term energy security and the strategies of…