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European Union, India and Nayara Energy

Reuters on MSN · 4h

India's Nayara tweaks payment terms for product export tender after EU sanctions

Nayara Energy, an Indian refiner part-owned by Russia's Rosneft and newly sanctioned by the European Union, has revised payment terms to sell a spot naphtha cargo in a tender issued on Monday, according to a document seen by Reuters.

Outlook Business · 2h

Refined and Restricted: How India’s $15Bn Oil Exports Caught in EU’s Sanctions Net

As the EU tightens sanctions on Russian oil and fuels, India’s energy security, refinery margins, and $15bn exports to EU stand exposed to geopolitical crossfire

OilPrice.com · 2h

Indian Refiner Nayara Adjusts Payment Terms Due To EU Sanctions

Indian refiner Nayara Energy has altered its payment terms for a spot naphtha cargo following the EU's 18th sanctions package against Russia, which includes targeting Rosneft's stake in Nayara and lowering the Russian oil price cap.

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US plans sanctions on Russia’s trade partners: The full picture for India, explained in 3 points

What exactly is this US sanctions threat on countries that trade with Russia, and how far can it impact India? We explain, in ...

US reaction to price cap crucial as EU tanker sanctions prove ineffective, broker says

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