RIL said that it will only export non-Russian oil from its 'only-for-export' refinery. (Image: RIL website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Reliance Industries Ltd. has halted purchase of Russian oil for processing for its 'only-for-export' refinery from Nov. 20 onwards, news agency PTI reported on Thursday.

RIL had been sourcing a major chunk of its crude oil from Russia, making it the largest Indian buyer of Russian oil. The crude imports were then processed and turned into fuel, such as petrol and diesel, at its Jamnagar oil refining complex.

Essentially, there are two refineries in the complex — one SEZ unit which exports oil to the European Union, the United States and other markets, and another older unit which supplies to the domestic market.

The

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