Europe
Russia hunts for new naphtha markets as key buyers pull back
Buyers have become more cautious after Washington imposed sanctions on top Russian oil producers, forcing sellers to hold naphtha on ships or in storage abroad from where it can be re-exported, often with the destination obscured.
India shifts diesel exports to West Africa as EU bans Russian crude-derived fuel
The developments highlight that the EU policy, aimed at punishing Russia over its 2022 full-scale invasion of Ukraine, is prompting a further reordering of intercontinental oil flows, forcing India’s oil refineries to seek new markets and disrupting Turkey's lucrative trade in supplying fuel to the EU.
Russian oil exports to China surge in January as India, Turkey cut buying
The United States and the European Union imposed sweeping sanctions in late 2025 targeting Russian oil sellers and shippers, including energy giants Rosneft and Lukoil, complicating purchases for global buyers and tightening scrutiny on Russian crude exports.
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