By Admin 
Reliance Russian Oil Import: Reliance Industries, led by billionaire businessman Mukesh Ambani, has rejected the claim that crude oil has been sent in three ships from Russia to Reliance Industries’ Jamnagar refinery. Reliance Industries has declared this wrong.
Reliance gave clarification
The company said on its official X account, “No consignment of Russian crude oil has been sent to Reliance Industries’ Jamnagar refinery for the last three weeks.” Moreover, no such deliveries are expected from Russia in January also.” The company also said, ‘We are extremely sorry that people claiming to be at the forefront of fair journalism have not mentioned RIL’s involvement in purchasing any Russian oil to be delivered in January.
In fact, a Bloomberg report had claimed that three ships loaded with Russian crude oil were headed towards Reliance’s Jamnagar refinery. This statement of Reliance, which runs the world’s largest refining complex in Jamnagar, Gujarat, came after US President Donald Trump said on Sunday that America can further increase the tariff on India on the import of Russian oil. However, last year Reliance remained the largest buyer of Russian crude oil in India.
Statement by Reliance Industries Limited:
A news report in Bloomberg claiming “three vessels laden with Russian Oil are heading for Reliance Industries Limited’s Jamnagar refinery” is blatantly untrue.
Reliance Industries’s Jamnagar refinery has not received any cargo of…
— Reliance Industries Limited (@RIL_Updates) January 5, 2026
Trump threatened again
Let us tell you that last Monday, US President Donald Trump said that if Russia does not cooperate on the oil issue, the tariff on import of Indian goods may increase further. Trump is upset with India importing crude oil from Russia. This is the reason why in the month of August last year, they directly increased the tariff on India from 25 percent to 50 percent and now they are talking about increasing it further.
Trump says that Russia is using the income from oil business to promote war in Ukraine. Besides, India is also earning profit by buying crude oil from Russia at a discounted rate and reselling it.
According to global commodity intelligence firm Kpler, Russian oil supplies to India have declined due to tight US and European Union sanctions, which fell to a three-year low of about 1.2 million bpd in December. This is a decline of about 40 percent from June’s high level of about 2 million bpd.
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