Nayara Energy navigates EU sanctions: Dark-fleet tankers keep operations flowing; government steps in to protect India’s oil supply
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Facing EU sanctions, Nayara Energy is utilizing dark-fleet tankers and limiting crude import options to maintain operations, raising concerns for India's energy security. The government has authorized coastal tankers and approved sanctioned vessels to assist Nayara. The refiner, crucial to India's market, now relies on Russian oil and special mechanisms to circumvent sanctions, ensuring stable supply despite geopolitical challenges. What's Your Reaction?
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