Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help
Photo: reuters.com

Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help

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Nayara Energy, facing economic sanctions, is increasing fuel transport via rail in India with support from New Delhi, amid challenges from the European Union and its ties to Russia.

Why It Matters

This situation underscores the intricate dynamics of global energy markets, particularly as India attempts to balance energy security with the geopolitical ramifications of economic sanctions imposed by Western powers on Russia. The adaptability of Nayara Energy could influence future energy strategies in the region.