Nayara Energy Sale in Jeopardy: Europe Sanctions Hit Indian Refiner
The highly anticipated Nayara Energy sale is facing significant headwinds, as a complex web of European sanctions threatens to derail the multi-billion-dollar deal. This predicament has sent ripples through India’s energy sector, highlighting the geopolitical risks inherent in global energy markets. For Nayara Energy, one of India’s largest private oil refiners, the uncertainty surrounding its…
