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Slovakia’s Slovnaft Hit as Croatia’s JANAF Halts Non-Russian Crude Flows
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Why This Matters
Slovakia's Slovnaft has lost 90,000 tonnes of non-Russian crude oil due to Croatian pipeline operator JANAF halting deliveries, threatening Central Europe's diversification efforts away from Russian supply.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
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90%
Article Context
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Slovakia’s main refiner Slovnaft said Tuesday that Croatian pipeline operator JANAF had sharply reduced deliveries of non-Russian crude, threatening Central Europe’s effort to diversify away from Russian supply. The company, part of Hungary’s MOL Group, reported losing approximately 90,000 tonnes of Arab Light crude that had been contracted for October and November, according to Reuters. Slovnaft described the decision as a “breach of contract,” warning it “seriously jeopardizes the supply of non-Russian fuel…
Original article published by
OilPrice.com
on October 28, 2025.
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Analysis and insights provided by AnalystMarkets AI.