Nayara Energy is responsible for approximately 8% of India's refining capacity and 7% of its retail fuel station network. (AI image) Nayara Energy, the Russia-backed Indian refinery, is facing a…
As US President Donald Trump announced penalties on India in addition to a 25 per cent tariff- citing, in part, India’s trade ties with Russia- analysts warn the moving away…
The scope of these sanctions is limited to EU territories, citizens, and organisations. India on its part continues to reject unilateral sanctions imposed by other nations. (AI image) EU’s sanctions…
Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery…
AI-generated image used for representation NEW DELHI: Ahead of Prime Minister Narendra Modi’s visit to the United Kingdom, foreign secretary Vikram Misri on Tuesday addressed questions about growing Western pressure…
The European Union unveiled its 18th package of sanctions against Russia, aiming to further squeeze Moscow’s oil revenues and financial networks over its ongoing war in Ukraine. Approved on Friday,…
NEW DELHI: Nayara Energy’s refinery at Vadinar in Gujarat became the first in India to come under Western sanctions as the European Union on Friday announced fresh curbs on Russian…