India, Oct. 25 -- Reliance Industries, India's biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies.

"As is customary in the industry, supply contracts evolve to reflect changing market and regulatory conditions. Reliance will address these conditions while maintaining the relationships with its suppliers," a spokesperson for India's biggest firm by market cap, told Reuters in an emailed statement on Friday (25 October 2025), without mentioning its contract with Rosneft-one of the two Russian oil producers slapped with fresh sanctions.

The European Union, United Kingdom and the United States have imposed a raft of sanctions against Russia over...