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The European Union (EU) announced new sections on Russia on 18 July 2025 over the Ukraine War.
Microsoft has stopped offering IT services to India’s private refinery Naira Energy. Following the European Union ban, Microsoft has suddenly banned service like Naira’s outlook email and team messaging.
After this decision of Microsoft, Naira has started taking service of Indian IT firm Redifdot Com. The company has described this decision of Microsoft as unilateral and unfair.
According to Reuters reports, the company has filed a petition against Microsoft in the Delhi High Court for suddenly the closure of the service.
Close service after European Union ban
On 18 July 2025, EU banned Naira Energy due to the Russia-Ukraine War, as Russia’s Roseneft and other Russian investors hold 49.13% stake in the company. EU claims that Naira’s earnings support Russia’s war. After this, Microsoft shut down the IT services of Naira from 22 July.
Naira Energy India’s third largest refinery
Naira Energy is the third largest refinery in India, which runs a 400,000 barrels per day capacity refinery at Wadinar in Gujarat. This company handles about 8% of India’s total refining capacity and also operates more than 6,750 petrol pumps in the country.
India said on the ban, energy security is the biggest priority
After the ban, Foreign Secretary Vikram Egypt said on July 22 that India keeps its energy security at the top and will protect its interests in terms of buying Russian oil. This statement came just before Prime Minister Narendra Modi’s visit to Britain. Western countries are pressurizing India over Russian oil imports.
Vikram Egyptian said, energy security is the biggest priority of the Government of India. We will do what is necessary to meet the needs of our 1.4 billion people. He also said that there should not be double standards in the case.
EU imposed restrictions on Russian oil
The European Union (EU) announced new sections on Russia on 18 July 2025 over the Ukraine War. In this, the price cap of Russian oil has been reduced from $ 60 per barrel to $ 47.6 per barrel. Also, imports of refined fuel like petrol and diesel made from Russia oil have also been banned.
This is expected to affect countries like India, Türkiye and UAE. These countries refine Russian crude oil and export fuel like diesel, petrol and jet fuel to Europe.
Restrictions threatens India’s petroleum products
According to GTRI founder Ajay Srivastava, “India’s European Union is threatening the export of $ 5 billion petroleum products. India’s petroleum exports to EU have already decreased by 27.1%. FY24 has come down from $ 19.2 billion to $ 15 billion in FY25.
India is buying more oil since war
India has increased oil imports from Russia since the commencement of Ukraine War in 2022. Earlier, where India’s oil imports from Russia were less than 1%, it has now reached 40-44%. In fiscal 2025, India imported crude oil of $ 50.3 billion from Russia, which is more than one-third of its total $ 143.1 billion oil imports. Russia’s discounted prices have helped India to control inflation.
America also remained pressure
Apart from EU, the US has also increased pressure on BRICS countries like India, China and Brazil on Russian oil imports. US President Donald Trump and Senator Lindsay Graham have warned that if these countries continue to buy Russian oil, heavy tariffs from 100% to 500% can be imposed on them.
On Fox News, the American senator said, “I would tell China, India and Brazil that if you keep buying cheap Russian oil, so that this war continues, we will put heavy tariffs on you. He said,” We will shatter your economy, because what you are doing is like blood money.
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