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Rosneft-Backed Nayara Seeks Advance Payments After Sanctions

Markets

Nicholas Lua, Rakesh Sharma

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July 21, 2025

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Bloomberg

A Indian refinery part-owned by Russia’s Rosneft PJSC tightened conditions for selling products after the European Union imposed sanctions on the company, highlighting the fallout for the processor, its customers, and the wider market from the tougher restrictions.

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