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Nayara Energy Faces Sanctions: Record Low Oil Imports

8/15/2025

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Story summary
  • Nayara Energy, partly owned by Rosneft, faces reduced output and canceled fuel exports due to EU sanctions.
  • The refinery is set to import a record low of 94,000 barrels of crude oil per day in August.
  • Nayara continues to supply fuel and operate retail stations despite the sanctions.
  • Switzerland has adopted EU sanctions targeting Russian oil exports, with some measures still under review.
  • U.S. trade with Russia has decreased significantly, but imports of fertilizers and palladium continue.