US Edition
EU Sanctions Russia by Paying More for Fuel
16 Articles
16 Articles
The EU sanctions Indian players. This is behind oil supplies from Russia. A Russian oil company has already expressed criticism.
Russian oil will be redistributed in India: Delhi is preparing for sanctions against Russia: EADaily
EADaily, July 24th, 2025. In January The EU will ban the import of petroleum products from Russian oil and announced sanctions against the Indian refinery, which is co-owned by Rosneft. Delhi is preparing for changes and expects them to be relatively painless.
Since the beginning of the Ukraine War, India has become one of the largest buyers of Russian oil, benefiting from sanctions against Moscow. But now, Brussels and Washington are also targeting India.
The Indian company Reliance Industries, which owns the world's largest oil refining complex, has begun looking for a replacement for Russian oil after the European Union adopted a new package of sanctions, writes the US business publication Bloomberg.
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