Key insights
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1
Sanctions affecting Indian-Russian energy cooperation: EU sanctions on Nayara, linked to Russian ownership, are disrupting refinery maintenance schedules and petrochemical project development, intensifying operational risks and dependencies.
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2
Shift in global crude supply chains: With Saudi and Iraqi oil deliveries disrupted, Nayara's reliance on Russian crude reflects how geopolitical tensions are reshaping global energy supply routes.
Takeaways
Nayara’s postponed maintenance reflects the operational and strategic challenges faced by energy firms entangled in geopolitics and sanctions, with implications for India's energy security and broader international supply chains.
Topics
World & Politics Policy & Regulation International Affairs Climate & Environment Energy Trade & Tariffs