HomeBusinessIndia's Reliance will profit from the European energy crisis. Report, Nayara

India’s Reliance will profit from the European energy crisis. Report, Nayara

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  • Reliance Industries and Nayara Energy are among the Asian refiners that supply winter-specification diesel for the European Union, therefore they are predicted to profit from the prolonged energy crisis in Europe.
  • Reliance and Nayara have reportedly bought nearly ten times more Russian crude from pre-invasion levels since the Ukraine crisis started.

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