BENGALURU -- U.S. President Donald Trump's tariff broadside against India over its trade ties with Moscow has put the spotlight on Indian billionaire Mukesh Ambani's Reliance Industries, which has procured more Russian crude than any local refiner since Russia invaded Ukraine over three years ago.
Energy
India's Reliance in bind over Trump's Russian oil pressure
Top Indian buyer of Russian crude has ramped up purchases even as state entities pull back
Reliance Industries bought 519.6 million barrels of crude oil from Russia from March 2022 through Aug. 4, roughly 20% more than the next biggest Indian importer. (Nikkei montage/Source photos by Reuters)
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