Nayara Energy, part-owned by Russia’s Rosneft, faces challenges securing non-Russian crude due to western shipping companies’ reluctance. This has led to reduced operations at its Vadinar refinery and increased reliance on Russian oil. Despite sanctions and executive resignations, Nayara is exploring alternative contractors for its investment program, while India continues to import significant Russian crude due to price advantages. Post navigation ‘We don’t plan wars’: China hits back at Trump’s tariff threat over Russian oil; slams US appeal to Nato $3.4 billion push: India set to build new Indian Railways’ lines near China border; to complement road infra
