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Russian Lifeline Breaks - Joe Blogs
Western sanctions have finally reached India’s biggest Russian-backed refinery — Nayara Energy. Owned by Rosneft and processing 400,000 barrels of oil a day, the massive Vadinar refinery has been a key outlet for Russian crude since 2022. But new EU restrictions are now crippling operations: Middle Eastern suppliers have pulled out, tankers are diverting, and profits are plunging.
In this video, we breaks down:
• How EU sanctions hit Russia’s oil exports through India
• The impact on Nayara Energy’s refinery operations and profit
• What this means for Rosneft, Russian oil revenues, and India’s fuel market
• Whether Russia can find new ways to bypass the sanctions again
For specific details please check out the CHAPTER list below.
Chapters:
0:00 Intro
1:54 VADINAR REFINERY
3:29 NELSON COMPLEXITY
5:46 THROUGHPUT
6:39 FINANCIALS
9:03 SUMMARY & CONCLUSION