UK sanctions Indian refinery, 89 others to curb Russia’s oil trade
London: The United Kingdom has imposed sanctions on 90 entities, including India’s Nayara Energy Ltd., which operates the Vadinar refinery in Gujarat. The UK Foreign, Commonwealth & Development Office (FCDO) announced the sanctions on Wednesday, targeting entities linked to Russia’s top oil producers, Lukoil and Rosneft—both of which jointly own 49.13% of Nayara Energy. The … Read more