Reliance Industries Bolsters Middle Eastern Crude Purchases Amid Shifting Global Energy Dynamics
2 Articles
2 Articles
Reliance Industries Bolsters Middle Eastern Crude Purchases Amid Shifting Global Energy Dynamics
Reliance Industries Ltd (RIL), India’s energy and industrial conglomerate, has reportedly procured at least 2.5 million barrels of crude oil from Middle Eastern sources, signaling a strategic shift in its oil procurement approach. The purchases include Iraq’s Basrah Medium, Al-Shaheen grade, and Qatar Land grade, reflecting the company’s intent to diversify its supply sources amid evolving geopolitical and global energy conditions. This developm…
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