India’s Reliance Industries Limited, owned by billionaire Mukesh Ambani, has announced it has stopped importing Russian crude oil for its export-oriented refinery in Jamnagar, Gujarat. The decision comes ahead of European Union sanctions on Russian oil set to take effect on January 21, 2026, and amid growing US pressure on India over its energy trade with Moscow. Reliance confirmed that from November 20, its Special Economic Zone (SEZ) refinery ceased using Russian crude, and from December 1, all exported products will be derived from non-Russian sources. The move aligns with upcoming trade restrictions and ongoing US sanctions on major Russian oil producers Rosneft and Lukoil, which supply much of India’s Russian oil. Washington recently imposed sanctions on both firms, accusing them of supporting Russia’s war in Ukraine. The development coincides with discussions of a potential trade agreement between India and the United States, signaling a possible shift in India’s energy sourcing strategy.