An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday.

In a striking turn of events, India has delivered a bold response to the European Union’s upcoming oil sanctions—well before they even take effect. Leading the charge is Nayara Energy, an Indian oil refining company that has taken a firm stand,

A tanker will not load fuel from India's sanctions-hit Nayara Energy refinery as scheduled, according to three industry sources and LSEG shiptracking data, becoming the second such vessel to change plans following the European Union measures.

New European Union sanctions targeting Nayara Energy, a major Indian refinery with significant Russian ties, are expected to have a limited impact on global oil markets, according to Rystad Energy. This muted effect is attributed to India’s declining reliance on European product exports and its capacity to reroute refined products to domestic and