Reliance Industries, the Indian operator of the world's largest refining complex, will not buy oil loaded onto tankers of Russia's biggest shipping company, a report says, in the latest blow to Moscow's efforts to sell its vital export.Following Vladimir Putin's full-scale invasion of Ukraine, U.S-led sanctions have sought to isolate the Russian economy and restrict funds for its war effort. In February, the U.S.
'The Indian government will decide on whether to allow sanctioned vessels or Sovcomflot ships to enter the country's ports, the source added. Newsweek has contacted Reliance and Sovcomflot via email for comment.India was a major beneficiary of the cheap Russia energy products Moscow offered after dividing the world into 'friendly' and 'unfriendly' countries in reaction to the sanctions.However, their closer trading ties have been beset by problems.
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