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Saudi, Iraqi state firms stopped crude oil sale to India's 2nd-biggest refiner in July: Report
short by Medhaa Gupta / on Monday, 1 September, 2025
Saudi Arabia and Iraq's state-owned oil companies, Saudi Aramco and SOMO, have halted the sale of crude oil to India's second-biggest refinery Nayara Energy in July over EU sanctions, Reuters reported. This reportedly means that the Russia-backed refinery's crude oil imports in August were entirely from Russia. EU had sanctioned Nayara Energy as part of its sanctions package against Russia.
read more at Reuters