2 tankers carrying India’s Reliance fuel ditch Europe, divert to Singapore, Southeast Asia

Two tankers loaded with fuel from Reliance Industries in India ⁠that were headed to Europe ⁠made U-turns and are now bound for ⁠Asia, according to two trade sources and ship-tracking data, as the refiner capitalises on firm Asian margins with the Iran war squeezing supply. The Advantage Life, which loaded around 100,000 metric tons (745,000 barrels) of diesel at Reliance’s Jamnagar refinery on February 28, is currently bound for Singapore, ‌according to Kpler, LSEG data and two trade...

By Reuters