Nayara's future unsure: India may bargain with US for Russian crude

Feb 9, 2026 - 11:49
 0  0
Nayara's future unsure: India may bargain with US for Russian crude
US President Trump's threat of a 25% "penalty" on Indian crude imports casts a shadow over the Nayara refinery, majority-owned by Russia's Rosneft. This situation fuels speculation about a change in ownership, as prospective buyers may be deterred by US sanctions.
Rasipogula Gopal Editor-in-Chief