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Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions
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Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU sanctions linked to its significant stakeholder, Rosneft. Several vessels, including the Talara and Chang Hang Xing Yun, have altered course or cancelled bookings with Nayara.
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Duty cuts on UK goods may aid firms more than buyers
The Indian government has agreed to reduce tariffs on various UK imports, including chocolates,...