| Reuters was first to report that many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western sanctions over Russia’s invasion of Ukraine. Nayara per se has not been sanctioned as part of the international response to what Russia calls its “special military action” against Ukraine but sanctions are in place against Rosneft |
Energy
Reuters reveals major traders, banks cut ties with Russia-backed Indian refiner
24 August 2022, 4:06 pm 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
