India exports first jet fuel cargo to Europe after EU ban on Russian oil products

Reliance Industries delivered jet fuel to Italy marking India's first export since the EU ban. The firm confirmed that no Russian crude was used for the cargo.

Insights:
Reliance Industries has partially offloaded a jet fuel cargo at the Fiumicino port (near Rome) in Italy ITIT, marking the first Indian ININ refined-fuel export to Europe since the European Union ban on products produced from Russian RURU crude took effect on January 21. This shipment is being closely monitored for its implications regarding compliance with the ban and its impact on European aviation-fuel supply and market pricing.
Reliance logo is seen in this illustration taken, August 13, 2024. REUTERS/Dado Ruvic/Illustration
Reliance logo is seen in this illustration taken, August 13, 2024. REUTERS/Dado Ruvic/Illustration
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