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OVL seeks legal help as US curbs hit Russian oilfield with Indian stake
October 27, 2025
|Financial Express Lucknow
ONGC VIDESH LTD (OVL) has sought legal opinion after the US imposed sanctions on a Russian oilfield in which a consortium of Indian companies holds a 49.9% stake, sources said.
US President Donald Trump on October 22 announced new sanctions against two of Russia's largest oil companies, Rosneft and Lukoil, in a bid to pressure Moscow into ending its war with Ukraine.
As part of these, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) designated a number of Russia-based Rosneft and Lukoil subsidiaries in which they, directly or indirectly, held a 50 percent or more stake.
هذه القصة من طبعة October 27, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Lucknow
Financial Express Lucknow
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