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Home»Industries»India Rejects UK Sanctions On Gujarat Oil Refinery, Cites ‘No Double Standards’ In Energy Trade
Industries

India Rejects UK Sanctions On Gujarat Oil Refinery, Cites ‘No Double Standards’ In Energy Trade

By LucasOctober 16, 20251 Min Read
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The UK government’s sanctions, announced on October 15, 2025, aim to curb Russian oil exports by imposing restrictions on companies facilitating these transactions. The Vadinar refinery, operated by Nayara Energy—a joint venture with Russian state-owned Rosneft—was among the entities affected. This move is part of the UK’s broader strategy to exert economic pressure on Russia amid ongoing geopolitical tensions.



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Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

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