Nayara Energy crude imports shrink, exports fall 60% amid sanctions

Sanctions-hit Nayara Energy continued struggling in September, relying entirely on Russian crude for a second consecutive month. Its crude imports dropped 22% year-on-year, while fuel exports plunged nearly 60%, highlighting significant issues with compliance, shipping, and payment channels. Product stocks are likely high due to difficulties in moving barrels under sanctions-related constraints.

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