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Reliance Denies Iran Oil Deal Rumors
26 Mar
Summary
- Reliance Industries has denied buying crude oil from Iran.
- The company called the media reports baseless and misleading.
- Reuters cited sources about a 5 million barrel Iranian crude purchase.
Reliance Industries Limited has issued a categorical denial regarding recent media reports that alleged the company purchased crude oil originating from Iran. The company firmly stated that such claims are baseless and misleading.
This clarification follows a report by Reuters, which cited sources suggesting Reliance had acquired 5 million barrels of Iranian crude oil. This alleged transaction reportedly occurred shortly after the temporary lifting of US sanctions on Iranian oil.
Reliance Industries has urged media organizations to exercise due diligence and verify facts thoroughly before disseminating information. The company emphasized the importance of accurate reporting, particularly on matters involving international energy markets and sanctions.
