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The UK government on Wednesday imposed 90 new sanctions on companies and assets linked to Russian oil revenues. The FCDO claimed Nayara Energy had imported Russian crude worth $5 billion in 2024.

Despite the initial shock, Nayara has managed to stabilize its business, say reports quoting sources familiar with the development.

Industry observers say the episode highlights the growing difficulties faced by Indian companies with cross-border operations in the energy sector, especially those linked to Russian assets.

India imported 231 million barrels of Urals crude in the first half of 2025, with Reliance and Nayara accounting for 45% of the total imports, data showed.

Microsoft noted it was in ongoing discussions with the European Union to ensure service continuity, given the EU sanctions—the root cause behind the suspension

Earlier this week, Nayara filed a petition in the Delhi High Court. It alleged that Microsoft suddenly stopped essential services without warning.