India's richest man saved Putin in the first years of the war – RBC-Ukraine. From …
The money received from the largest Indian oil company Reliance Industries and its owner Mukesh Ambani saved the Kremlin from the debacle in 2022-2023.
This money allowed Moscow to buy weapons and hold the front when Ukraine had a chance to win. Experts say: without Ambani, Putin could lose already in 2023.
The world knows him for his son's wedding worth 600 million dollars, but for Russia he became a donor of “non-sanctioned” dollars. Reliance, through a network of traders in Hong Kong and the UAE, massively bought cheap Russian oil, processed it at Ambani's plants and sold it abroad. Part of the profit settled with intermediaries, and with these funds the Kremlin bought weapons, ammunition and components for the military industry.
As a result, Moscow became the main supplier of oil to India, providing more than a third of imports. More than half of Reliance's raw materials now come from Russian oil.
Experts believe that Reliance Industries and Ambani played a decisive role in the fact that Ukraine did not win in 2023. And as long as the “oil pipeline” works, the war will continue.
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