India, Russia and 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.
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 has found itself at the centre of a growing geopolitical clash, as fresh EU sanctions targeting a Russian-linked refinery in Gujarat spark concerns over energy autonomy and rising global pressure.
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,
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 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.
US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.
With Russian oil banned in the United States and Europe now proposing an embargo of its own, India can buy the crude at substantial discounts, powering its energy-thirsty economy at a lower cost.
The EU has intensified sanctions against Russia, targeting oil revenues and military capabilities due to the Ukraine conflict. These measures impact a Rosneft-owned Indian refinery and lower the oil price ceiling,