Reliance Industries of India reduced its Russian oil imports by 37.9% month-on-month in April and resumed purchasing Iranian crude after a seven-year hiatus.

⑴ Industry shipping tracking data shows that Reliance Industries, the operator of the world’s largest refining complex, imported an average of 217,800 barrels of Russian crude oil per day in April, a month-on-month decrease of 37.9%. ⑵ After the United States temporarily eased restrictions to help stabilize international oil prices, Reliance Industries imported Iranian crude oil again in April for the first time in seven years. ⑶ Data shows that Russian oil accounted for 16.7% of the company's total crude imports in April, down from 26.3% in the previous month.