Oil Shippers Avoid Nayara Energy Amid EU Sanctions Fallout

Imagine a company called Nayara that refines oil in India.

The EU, a group of European countries, has placed sanctions on them.

This means some companies don't want to do business with Nayara anymore.

Two ships that were supposed to carry oil from Nayara changed their plans.

The ship owners are worried about following the EU rules.

Also, Nayara is asking for money upfront, which isn't normal, making traders unsure about future deals.

The sanctions are affecting Nayara's business.