Assessing implications of EU, UK, US sanctions on oil imports from Russia: Reliance Industries

Описание: Reliance Industries said on Oct 24 that it is assessing the implications, of the recent restrictions announced by the EU, UK & US on crude oil imports from Russia. The Business giant further stated that export of refined products to Europe and will comply with the EU's guidelines on the import of refined products into Europe. A Reliance Spox said in a statement that whenever there is any guidance from the Indian Government in this respect, the company will comply with it. It said Reliance has consistently aligned itself with the objectives of ensuring India's energy security. It said that the Company remains fully committed to maintaining "its longstanding and impeccable record of adherence to applicable sanctions and regulatory frameworks”. The move comes a day after the Trump administration announced new sanctions against Russia's oil

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