Reliance’s EU exports in limbo as Russian crude rules sow confusion: Nomura
Reliance Industries Ltd.’s refined product shipments to Europe face mounting uncertainty as confusion over sanctions compliance forces diversions and raises questions about the conglomerate’s access to a key market. Two tankers carrying middle distillates from Reliance’s Jamnagar facility have been diverted from Rotterdam to West Africa, according to Argus, citing tanker tracking data in a…