‘Unjustified and illegal’: Rosneft slams EU’s sanctions on Nayara Energy; says India’s energy security at risk – Times of India

‘Unjustified and illegal’: Rosneft slams EU’s sanctions on Nayara Energy; says India’s energy security at risk – Times of India

Russian oil giant Rosneft has hit out at the European Union for imposing sanctions on its Indian affiliate Nayara Energy, calling the move “unjustified and illegal” and warning that it could directly threaten India’s energy security. In a statement issued Sunday, Rosneft said the EU’s action amounted to extraterritorial and politically motivated restrictions that infringe…

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Explained: What are EU’s fresh sanctions on Russia? Here’s what they mean – Times of India

Explained: What are EU’s fresh sanctions on Russia? Here’s what they mean – Times of India

The European Union unveiled its 18th package of sanctions against Russia, aiming to further squeeze Moscow’s oil revenues and financial networks over its ongoing war in Ukraine. Approved on Friday, the new measures include a series of toughened restrictions focused largely on the energy sector, shipping, and financial dealings.Here’s a what the latest sanctions include:…

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