Mumbai, March 6 -- The US Treasury Secretary, Scott Bessent has permitted a crucial 30-day waiver allowing Indian refiners to buy Russian oil. The move aims to stabilize energy markets amid escalating tension in the Middle East.

Additionally, according to media reports, China has suspended fuel exports due to the West Asia conflict, which could potentially enhance refining margins for the company.

Separately, the company's FMCG arm, Reliance Consumer Products (RCPL) has signed a memorandum of understanding (MoU) with Finland's leading foods company Fazer, to distribute premium chocolates in India.

Fazer is a leading FMCG company in Northern Europe, renowned for its high-quality confectionery, bakery and plant-based products. In 2025, F...