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The UK imposed its toughest sanctions yet on Russia’s oil sector, targeting Nayara Energy, Rosneft, Lukoil among others.
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UK sanctions Nayara Energy for importing Russian crude.
Sanctions aim to cut off Putin’s key energy revenues.
UK targets Russia’s oil producers and shadow fleet.
An oil refinery located on a branch of the Druzhba oil pipeline, which moves crude oil through the pipeline westwards to Europe, is pictured near Mozyr, some 300 km (186 miles) southeast of Minsk. (IMAGE: REUTERS)
The Ministry of External Affairs (MEA) on Thursday reacted to latest sanctions imposed by the United Kingdom on Nayara Energy over Russian oil trade, saying that it does not recognise unilateral sanctions imposed outside of the UN framework.
While addressing a press briefing, MEA spokesperson Randhir Jaiswal said, “We have noted the latest sanctions announced by the UK. India does not subscribe to any unilateral sanctions.”
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He further said that energy security is of “paramount importance” and is critical to fulfilling the basic needs of its 1.4 billion citizens.
“Indian companies source energy supplies from around the world while taking overall market conditions into account,” the MEA spokesperson said.
Jaiswal also cautioned against selective enforcement, stating, “We would stress that there should be no double standards, especially when it comes to energy trade.”
His response came after the UK announced a sweeping new wave of sanctions on Russia’s oil sector, placing India’s Nayara Energy Limited among nearly 90 entities and individuals for allegedly enabling the flow of billions of dollars in oil revenues to Moscow.
The sanctions, jointly announced by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, are described as London’s “strongest yet” and aim to cut off Russian President Vladimir Putin’s key energy revenues that continue to fund his war in Ukraine.
According to the FCDO, Nayara Energy allegedly imported nearly 100 million barrels of Russian crude in 2024, valued at more than USD 5 billion. The company, in which Russia’s Rosneft holds a major stake, is among several global refiners accused of indirectly sustaining Moscow’s oil trade despite Western efforts to restrict it.
The sanctions target Russia’s two biggest oil producers, Rosneft and Lukoil, as well as four Chinese oil terminals and 44 tankers from the alleged “shadow fleet” used to transport Russian crude across global markets.
UK Foreign Secretary Yvette Cooper, announcing the sanctions in Parliament, said the measures demonstrate “Europe stepping up” at a “critical moment” for Ukraine.
“Together, the UK and our allies are piling the pressure on Putin, going after his oil, gas and shadow fleet and we will not relent until he abandons his failed war of conquest,” she said.
“Ukraine’s security is vital for the stability of Europe and for the UK. Today’s action is another step towards a just and lasting peace in Ukraine,” Cooper added.
Chancellor Rachel Reeves, who is in Washington DC for the IMF Annual Meetings, said the sanctions send a clear message that Russian oil is “off the market.”
“As Putin’s aggression intensifies, we are stepping up our response. The UK will continue to strip away the funding that fuels his war machine,” Reeves said.
The new round of penalties also includes restrictions on liquified natural gas (LNG) infrastructure, sanctioning seven specialised LNG tankers and China’s Beihai terminal, which has been importing gas from Russia’s Arctic LNG2 project which is already under UK sanctions since early 2024.
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Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben…Read More
Shobhit Gupta is a sub-editor at News18.com and covers India and International news. He is interested in day to day political affairs in India and geopolitics. He earned his BA Journalism (Hons) degree from Ben…
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London, United Kingdom (UK)
First Published:
October 16, 2025, 09:40 IST
News world ‘There Shouldn’t Be Double Standards’: India On UK Curbing Nayara Energy Over Russian Oil Trade
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