{"id":651715,"date":"2025-11-07T08:59:34","date_gmt":"2025-11-07T03:29:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=651715"},"modified":"2025-11-07T11:16:42","modified_gmt":"2025-11-07T05:46:42","slug":"unprecedented-move-by-reliance-industries-oil-importer-mulls-selling-middle-east-oil-cargo-in-india-and-abroad","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/unprecedented-move-by-reliance-industries-oil-importer-mulls-selling-middle-east-oil-cargo-in-india-and-abroad\/","title":{"rendered":"Unprecedented move by Reliance Industries \u2013 oil importer mulls selling Middle East oil cargo in India and abroad"},"content":{"rendered":"<p>Mukesh Ambani-led Reliance Industries is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, according to a report by Bloomberg. <\/p>\n<p>The move comes amid US sanctions on Russia\u2019s two biggest vertically integrated oil companies \u2014 Rosneft and Lukoil. As a result, refiners in India, the world\u2019s third-largest importer of crude, are trying to diversify their supply sources. Reliance Industries released a statement saying that it will comply with guidelines on the import of refined products from or in Europe. \u201cWhenever there is any guidance from the Indian government in this respect, as always, we will be complying fully,\u201d the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-led Reliance Industries is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, according to a report by Bloomberg. The move comes amid US sanctions on Russia\u2019s two biggest vertically integrated oil companies \u2014 Rosneft and Lukoil. As a result, refiners in India, the world\u2019s third-largest importer of crude, are trying to diversify their supply sources. Reliance Industries released a statement saying that it will comply with guidelines on the import of refined products from or in Europe. \u201cWhenever there is any guidance from the Indian government in this respect, as always, we will [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-651715","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/651715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=651715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/651715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=651715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=651715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=651715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}