Crude awakening for Nayara as geopolitics sounds alarm; symbol of Indo-Russian ties hit hard by West penalty

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Nayara Energy, once a symbol of India-Russia cooperation, faces significant challenges due to sanctions and global disruptions following the Ukraine invasion. These hurdles impact its exports, finances, and expansion plans, forcing a shift towards domestic markets and alternative strategies. The company navigates leadership changes and infrastructure concerns amidst potential ownership restructuring.