Amid intensifying international scrutiny, Indo-Russian Nayara Energy has reaffirmed its commitment to India’s energy future with a massive Rs 70,000 crore investment in downstream infrastructure, as it strongly criticised the European Union’s latest sanctions, calling them harmful to India’s interests, India Today reported.

The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving U.S. President Donald Trump's threat of secondary sanctions one of the few remaining economic levers to pressure the Kremlin.

US Senator Lindsey Graham warns India, China, and Brazil of severe sanctions if they continue buying discounted Russian oil during the Ukraine conflict.

The EU’s latest sanctions will force Indian refiners reliant on Russian crude to find new markets, driving up costs for producers and consumers alike.

A BP-chartered tanker is reported to have aborted a loading at the newly sanctioned Nayara Energy refinery in India. The plant at Vadinar, which is 49%-owned by Russian energy giant Rosneft, was blacklisted by the European Union on Friday in a new round of measures against the Russian oil trade.

What exactly is this US sanctions threat on countries that trade with Russia, and how far can it impact India? We explain, in 3 points.