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Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy

Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy

Bloomberg22-07-2025
Shipowners and oil traders are staying away from Russia-backed Nayara Energy Ltd. as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions.
At least one oil tanker, the Talara, u-turned and sailed away from Vadinar port on Sunday, according to Bloomberg ship-tracking data. The vessel was meant to pick up a cargo of fuel — likely diesel — from Nayara, shipbrokers said. The booking was cancelled following Friday's sanction, they said, and the cargo was not loaded.
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