Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm – big hurdles challenge growth

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Nayara Energy is responsible for approximately 8% of India’s refining capacity and 7% of its retail fuel station network. (AI image)

Nayara Energy, the Russia-backed Indian refinery, is facing a perfect storm – hit by European Union sanctions,…

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