Business
Sanctions hit Nayara’s non-Russian oil access – The Times of India
New Delhi: Nayara Energy – part-owned by Russian oil giant Rosneft PJSC and blacklisted by the European Union in July – is facing difficulties in securing non-Russian crude supplies for a second month in a row as western shipping companies refused to ferry oil for it, ship tracking data showed. agencies
The famous company said rising costs had “squeezed the business financially”.
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new video loaded: Why Does Oil Matter So Much to the Global Economy?
By Rebecca F. Elliott, Sutton Raphael, Joey Sendaydiego, James Surdam and Nikolay Nikolov
March 12, 2026
It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
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