Energy

Reliance Industries (RIL) Sector: Energy / Integrated Oil & Petrochemicals — Stock:

News summary: Reliance announced a change in crude sourcing strategy (moving away from Russian crude as reported in recent coverage). Why it matters: Sourcing changes can affect refinery margins, import costs and near-term earnings mix. Beginner takeaway: Watch fuel/energy news — big suppliers’ sourcing decisions affect profitability and sentiment. Risk note: Geopolitical shifts can suddenly reverse outcomes.