Brief by Shorts91 Newsdesk / 07:02pm on 24 Oct 2025,Friday India Global
Union Commerce Minister Piyush Goyal confronted UK Trade Minister Chris Bryant at Berlin Global Dialogue over US sanctions targeting Russian oil firms Rosneft and Lukoil, questioning why India was singled out when Germany and Britain sought exemptions for their Rosneft subsidiaries. India's Nayara Energy, controlled by Rosneft, faces sanctions alongside other Russian firms as Western powers pressure Moscow over Ukraine. Goyal highlighted that UK "probably already got exemption" while Germany seeks exemption citing its Rosneft subsidiaries under government trusteeship since 2022. Bryant acknowledged Germany's subsidiary exemption, prompting Goyal to ask why India's subsidiary wasn't similarly treated. The UK issued special licenses for German Rosneft subsidiaries under state control, while Indian refiners face pressure to abandon discounted Russian crude.
