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Reliance denies reports of buying Iranian crude amid tensions
Updated On: 26 March, 2026 07:39 PM IST | Mumbai | mid-day online correspondent
Reliance Industries Limited has denied reports of purchasing Iranian crude, calling them baseless. The clarification comes amid reports of a temporary US authorisation allowing sale of stranded Iranian oil to stabilise global energy markets

Representational image. File pic
Amid the West Asia conflict, Reliance Industries Limited (RIL) on Thursday refuted reports that it has purchased Iranian crude, calling these reports "baseless".
As reported by news agency IANS, reports earlier claimed that RIL had purchased 5 million barrels of Iranian crude after the US administration temporarily removed sanctions on Iranian oil at sea.
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