Reliance Industries (RIL) on Friday said it is assessing the implications of recent restrictions announced by the US, the UK, and Europe on crude oil imports from Russia, and “will be adapting the refinery operations” to meet the compliance requirements.

Reliance is the country’s largest buyer of Russian crude , accounting for roughly half of the country’s 1.7 million barrels per day of imports from Moscow. “We have noted the recent restrictions announced by the European Union , United Kingdom and the United States. Reliance is currently assessing the implications, including the new compliance requirements,” a company spokesperson said.

“It remains fully committed to maintaining its longstanding and impeccable record of adherence to applicable sanctions and regulatory frameworks and

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