India has reportedly shipped its first cargo of diesel fuel to China since 2021, with about 496,000 barrels of ultra-low sulfur product setting sail from the port city of Vadinar on July 18 — only a few hours before the European Union announced new restrictions on the Russia-linked company handling the shipment.
Vadinar is the location of a refinery operated by Nayara Energy, an Indian company partly owned by Russian oil giant Rosneft. Nayara’s ties to Rosneft have been causing problems for the company, especially after President Donald Trump began heavily pressuring India to stop buying energy products from Russia.
The European Union (EU)…
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