Reliance denies purchase of Iranian-origin oil - Reuters

Reliance has denied purchasing oil of Iranian origin, according to Reuters reporting. The denial addresses concerns about whether India's largest refiner has violated international sanctions regimes targeting Iran's oil exports. Reliance's statement is significant given scrutiny over compliance with U.S. and international restrictions on Iranian crude. The company's operations and sourcing practices face regular examination due to its massive scale and global trade relationships. The denial helps clarify the company's sanctions compliance posture amid broader geopolitical tensions over Iran's oil sector.