India exports first fuel to Europe since ban on Russian crude-derived products
5 February 2026
Time to read: minutes
“Reliance maintains that segregation of diesel streams is possible, and one would expect the company to explore workarounds such as FOB (free-on-board) sales or blending operations should European buyers remain cautious,” Sparta Commodities’ analyst James Noel-Beswick said.
Reuters, February 5, 2026 –
With Europe yet to resume diesel imports from India post-ban, Sparta’s James Noel-Beswick notes that Reliance can segregate non-Russian streams and is likely to pursue workarounds such as FOB sales or blending structures if European buyers remain cautious about compliance.
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