EU Sanctions Disrupt Fuel Exports of Indian Refiner Nayara Energy ...Middle East

Indian refiner Nayara Energy, in which Russia’s top oil firm Rosneft holds 49%, is already experiencing disruption to its fuel exports, days after the EU sanctioned the refiner for being a major customer of Russian crude.  Last Friday, the EU adopted the 18th sanctions package against Russia, targeting a hundred more ‘shadow fleet’ tankers, energy trade, and traders and banks enabling it.     In a first move against customers of Russian oil, the EU expanded sanctions on entities doing business…

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