Business International
The European Union has added Nayara Energy to its latest sanctions aimed at Russia, targeting refined petroleum products made from Russian crude. Nayara, based in Vadinar, Gujarat, is nearly half-owned (49.13 %) by Russia’s Rosneft. The move could affect Rosneft’s planned sale of its stake to Reliance Industries, raising doubts over the deal’s future. What the […]
National
Union Petroleum Minister Hardeep Singh Puri has asserted that India is fully capable of meeting its energy needs even if Russian oil imports are cut off due to possible Western sanctions. Addressing concerns raised over potential secondary sanctions, Puri said India has prepared well by building a diverse and flexible sourcing strategy. Supply Diversification at […]
International
NATO Secretary-General Mark Rutte has issued a sharp warning to India, China, and Brazil, stating that they could face up to 100% secondary sanctions if they continue their trade relationship with Russia. The message was delivered during his visit to Washington, where he met US senators and discussed coordinated pressure tactics to isolate Russia economically […]
International
U.S. President Donald Trump has warned that his administration will impose 100% tariffs on all Russian exports if Russia does not agree to a Ukraine ceasefire within 50 days. The ultimatum also includes secondary sanctions on countries that continue to import Russian oil, marking a sharp escalation in economic pressure on Moscow. Speaking at a […]
Expert Opinions Opinion
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