Nayara Turns to Dark Fleet, Russian Oil

One month after being hit by European Union sanctions, Nayara Energy is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.

- Weilun Soon, Rakesh Sharma & Mihir Mishra

The oil refiner's struggle for survival has come to the attention of India's government, which is concerned about disruptions to oil flows that could jeopardize national energy security, according to people familiar with the matter. New Delhi has approved at least one coastal tanker in recent days to help the company move cargoes domestically, they said.