Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm - big hurdles challenge growth

Aug 10, 2025 - 13:30
Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm - big hurdles challenge growth

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Nayara Energy, formerly Essar Oil, faces significant challenges due to sanctions following EU's sanctions on Russian ooil. These sanctions impact exports, shipping, and finances. While shifting focus to the domestic market offers some relief, it affects profitability.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0