Reliance Industries Signs Major Crude Oil Deal with Russia's Rosneft
Reliance Industries has entered into a significant 10-year agreement to purchase discounted crude oil from Russia's Rosneft, valued at approximately $13 billion annually. This deal, preceding Russian President Vladimir Putin's visit to India, benefits both nations by aiding Russia amid sanctions and helping India manage energy costs amid a depreciating rupee and rising inflation.
Reliance Industries has entered into a significant 10-year agreement to purchase discounted crude oil from Russia's Rosneft, valued at approximately $13 billion annually. This deal, preceding Russian President Vladimir Putin's visit to India, benefits both nations by aiding Russia amid sanctions and helping India manage energy costs amid a depreciating rupee and rising inflation.
Reliance Industries Signs Major Crude Oil Deal with Russia's Rosneft
Reliance Industries has entered into a significant 10-year agreement to purchase discounted crude oil from Russia's Rosneft, valued at approximately $13 billion annually. This deal, preceding Russian President Vladimir Putin's visit to India, benefits both nations by aiding Russia amid sanctions and helping India manage energy costs amid a depreciating rupee and rising inflation.
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