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

• Wednesday, 3rd September 2025
• by Doaa Ashraf

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....

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

• Thursday, 14th April 2022
• by Israa Ibrahim

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