EU imposes sanctions on Rosneft's India refinery - how it may benefit India

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, potentially benefiting India through cheaper crude.

Jul 18, 2025 1

EU imposes sanctions on Rosneft's India refinery - how it may benefit India
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, potentially benefiting India through cheaper crude.
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