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UK sanctions India's Nayara Energy over Russian crude oil purchase
short by Saurav Joshi / on 16 Oct 2025,Thursday
United Kingdom government imposed sanctions on 90 entities, including Indian refiner Nayara Energy, to weaken Russian President Vladimir Putin’s financial resources amid the ongoing war in Ukraine. Nayara Energy, which has significant Russian ownership, allegedly imported 100 million barrels of Russian crude worth over $5 billion in 2024, it said. Earlier, refiner was sanctioned by European Union.
short by Saurav Joshi / 12:30 pm on 16 Oct
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