Indian refiners’ fuel exports to West surge 43% amid Russian crude imports
In September, Indian refiners exported €1 billion ($1.2 billion) worth of oil products to Western countries, a 43% increase from August. Reliance Industries Ltd.'s Jamnagar refinery was pivotal, supplying six of the seven cargoes received at EU ports, despite the bloc's ban on fuel derived from Russian crude. This trend raises questions about compliance with sanctions.