Russian oil price cap

Explained: What are EU’s fresh sanctions on Russia? Here’s what they mean – Times of India

July 19, 2025 0

The European Union unveiled its 18th package of sanctions against Russia, aiming to further squeeze Moscow’s oil revenues and financial networks over its ongoing war in Ukraine. Approved on Friday, the new measures include a series of toughened restrictions focused largely on the energy sector, shipping, and financial dealings.Here’s a what the latest sanctions include: 1. Russian oil: A fresh …

Russia oil sanctions: EU moves on crude, oil price cap may hit Reliance, Nayara; enforcing may be difficult, India may still benefit – Times of India

July 19, 2025 0

Russia oil sanctions: Both Nayara and RIL now confront possible exclusion from EU markets, according to industry experts and analysts. (AI image) Russia oil sanctions impact: Both Nayara Energy and Reliance Industries Limited (RIL) are likely to face challenges from the fresh sanctions imposed by the European Union on Russia oil.The EU introduced its 18th sanctions package on Friday, reducing …