Impact of Reliance exposure to US? RIL cuts Russian crude buys; prepares to stop imports from sanctioned firms
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Reliance Industries has significantly reduced its crude oil imports from Russia, anticipating a complete halt from sanctioned entities by November 21. This strategic shift aims to comply with Western sanctions and maintain access to US and European markets. The company is increasing imports from the Middle East and the US to compensate for the reduced Russian supply. What's Your Reaction?
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