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Reliance Industries refutes purchasing any Iranian oil – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Reliance Industries refutes purchasing any Iranian oil

Reliance Industries refutes purchasing any Iranian oil

RIL was responding to reports suggesting that India’s largest refiner had placed order for procuring Iranian crude after the United States issued a waiver on procuring Iranian oil stranded at sea. File
| Photo Credit: Reuters

Privately-owned refiner Reliance Industries Thursday (March 26, 2026) refuted press reports about having purchased any Iranian oil.

Fuel crisis updates on March 26, 2026

The conglomerate was responding to reports suggesting that India’s largest refiner had placed order for procuring Iranian crude after the United States issued a waiver on procuring Iranian oil stranded at sea.

Denying having made any such purchases, the conglomerate held, “Reliance Industries categorically rejects recent media reports that the company has purchased crude oil of Iranian origin. These reports are baseless leading to misleading and incorrect claims.”

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