EU Sanctions Strain Rosneft's Indian Refiner Amid Russia-Ukraine Conflict

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Source: Euromaidan Press
EU Sanctions Strain Rosneft's Indian Refiner Amid Russia-Ukraine Conflict
Photo: Euromaidan Press
TL;DR Summary

EU sanctions have led Nayara Energy, an Indian refiner partly owned by Rosneft, to require upfront payments for oil shipments, reflecting the broad impact of new EU measures targeting Russian energy trade, including stricter price caps and restrictions on Russian petroleum products.

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