India, Russia and European Union
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India's petroleum exports, worth USD 15 billion to the EU, are threatened as Brussels plans to restrict imports of refined Russian crude oil via third countries. This move, part of the EU's 18th sanctions package,
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ABP News on MSNPakistan Closes Airspace Amid Fears Of Indian Airstrike After US Sanctions On Lashkar Front TRFFollowing US sanctions on The Resistance Front (TRF), a proxy of terror group Lashkar-e-Taiba and the outfit behind the recent Pahalgam terror attack, Pakistan is reportedly on edge over a potential Indian airstrike.
The EU has intensified sanctions against Russia, targeting oil revenues and military capabilities due to the Ukraine conflict. These measures impact a
EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.
India has condemned European Unions fresh sanctions on a Gujarat-based refinery as part of its crackdown on its Russian oil exports.
The European Union has announced sweeping new sanctions against Russia, marking a first by targeting entities in India. EU diplomat Kaja Kallas revealed the measures, which include sanctions on a Rosneft-operated refinery in Gujarat.
India rejects EU’s unilateral Russia sanctions naming Vadinar Refinery. MEA stresses energy security and opposes double standards in global energy trade.
Industry insiders said that the likely impact of the EU actions is not clear yet, and clarity is likely only when details of the sanctions and the new price cap emerge.