27-July-2025
Corporate News
 
EU sanctions on Russia oil: Indian arm of UAE-based shipping company takes a hit; Indian-origin captain of crude oil tanker faces sanctions
26-Jul-2025

EU's sanctions on Russia oil have hit an Indian branch of a UAE-based firm. Intershipping Services Hub Private Ltd, an Indian subsidiary of a UAE-based company, has been hit with sanctions from the European Union. The EU has also imposed sanctions on Captain Abhinav Kamal, who commands the crude oil tanker Argent, according to an ET report.

News Source:- https://timesofindia.indiatimes.com/business/india-business/eu-sanctions-on-russia-oil-indian-arm-of-uae-based-shipping-company-takes-a-hit-indian-origin-captain-of-crude-oil-tanker-faces-sanctions/articleshow/122917368.cms