Reliance Industries Ltd (RIL) on Friday said it is assessing the impact of new sanctions imposed by the European Union, the United Kingdom, and the United States on imports of Russian crude oil and exports of refined products to Europe.

A spokesperson of the company in a statement said, “We have noted the recent restrictions announced by the European Union, the United Kingdom, and the United States on crude oil imports from Russia and the export of refined products to Europe. Reliance is currently assessing the implications, including the new compliance requirements. We will comply with the EU’s guidelines on the import of refined products into Europe. Whenever there is any guidance from the Indian Government in this respect, as always, we will be complying fully. Reliance has consistentl

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