EU sanctions on Russia oil: Indian refiners to be hit; $14.3 billion worth of exports could be at risk

EU sanctions on Russia are poised to significantly impact Indian refiners, potentially limiting their market access. An ICRA report highlights that India's petroleum product exports to the EU, which reached USD 14.3 billion in fiscal year 2025, could be affected.

Jul 30, 2025 1

EU sanctions on Russia oil: Indian refiners to be hit; $14.3 billion worth of exports could be at risk
EU sanctions on Russia are poised to significantly impact Indian refiners, potentially limiting their market access. An ICRA report highlights that India's petroleum product exports to the EU, which reached USD 14.3 billion in fiscal year 2025, could be affected.
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