The European Union has announced sanctions targeting India's largest Rosneft-affiliated refinery, Nayara Energy, located in Gujarat. The move has drawn criticism from both India and Russia. India's Ministry of External Affairs stated that the country does not subscribe to unilateral sanctions and emphasized the importance of energy security to meet the basic needs of its citizens. India also highlighted its commitment to legal obligations and called for the avoidance of double standards in energy trade. Rosneft, the Russian oil major that co-owns Nayara Energy, condemned the EU sanctions as "unjustified and illegal." The company described the sanctions as illegal and criticized the EU's decision publicly.
Russia Rosneft slams EU sanctions on India's Nayara refinery https://t.co/6Du1hefzOI https://t.co/6Du1hefzOI
EU Sanctions Against India’s Nayara ‘Unjustified,’ Rosneft Says #oott https://t.co/syyc4lcasm
#Russia Rosneft slams EU sanctions on India's Nayara refinery #oott https://t.co/JyynjAxMKB