EU sanctions | Egypt Oil & Gas

Saudi Aramco, Iraqi SOMO Halt Crude Supply to Indian Nayara Amid EU Sanctions

Saudi Aramco and Iraq's State Organization for the Marketing of Oil (SOMO) have halted selling crude oil to India's Nayara Energy, to align with the sanctions imposed by the European Union on the refinery. This is ...

Major Oil Traders to Reduce Russian Oil Purchases Starting From Mid-May

To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.

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