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Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy
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Big players in the oil shipping and trading world are steering clear of Nayara Energy, an Indian refiner with Russian ties, after the EU slapped sanctions on it. Essentially, the company is getting the cold shoulder from international partners, making its operations a lot tougher.
Editor’s Note: This isn’t just about one company—it’s a ripple effect of the West’s ongoing pressure on Russia. When major traders and shippers avoid Nayara, it tightens the squeeze on Russian-linked businesses, showing how sanctions can disrupt global energy flows. For India, which has walked a fine line between Western alliances and cheap Russian oil, it’s another headache in an already tricky balancing act.

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