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Russia sourcing Indian gasoline through traders amid Ukraine-driven fuel shortages

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Russia has been procuring gasoline from India through international trading intermediaries to address fuel shortages caused by Ukrainian strikes on its energy infrastructure. Nayara Energy, an Indian refiner in which Russia's Rosneft holds a significant stake, has been identified as a key supplier in this arrangement. Indian officials have clarified that no direct government-to-government sales are taking place, though they acknowledge that indirect sourcing via trading firms is occurring. The development comes in the wake of earlier reports highlighting large volumes of gasoline shipments moving from India to Russia. The situation underscores the complex web of energy trade relationships that have emerged following the conflict in Ukraine.

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Russia sourcing Indian gasoline through traders amid Ukraine-driven fuel shortages · ShortSingh