EU, UK hit Russia with new sanctions
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EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.
The EU Envoy’s remarks came after India responded to the new measures, reiterating that it does not recognise unilateral sanctions and stressing the need to avoid double standards in global energy trade.
Amidst Trump's threat of secondary tariffs on countries trading with Russia, will India's crude oil supply face uncertainty? Russia has become India's
The EU sanctions Nayara Energy’s Gujarat refinery over Russian links as part of its latest crackdown. Analysts warn the move could strain India’s energy security amid rising geopolitical pressures.
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Union minister Hardeep Singh Puri said India should be able to deal with any problems with Russian imports by seeking supplies from other countries.
Nayara Energy's Gujarat refinery becomes the first in India to face Western sanctions as the EU tightens restrictions on Russian oil exports, aiming t
India's oil imports from Russia rose marginally in the first half of this year, with private refiners Reliance Industries Ltd and Nayara Energy making almost half of the overall purchases from Moscow,