Nayara Energy plans 35-day refinery shutdown amid conflict
after close1 source ↓written by the desknot a recommendation
- starting early April
- 35 days
- of India's refining
- 8%
Nayara Energy, backed by Rosneft, will halt operations for 35 days starting early April, impacting nearly 8% of India's refining capacity. This maintenance comes amid the US-Iran war, which has already strained crude oil and gas imports. The shutdown could tighten domestic fuel availability, affecting market dynamics significantly.
Not investment advice. For informational purposes only.