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ONGC Videsh seeks legal advice as US sanctions hit Russian oilfield with Indian stake: Report

ONGC Videsh seeks legal advice as US sanctions hit Russian oilfield with Indian stake: Report

ONGC Videsh Ltd is seeking legal counsel after the US imposed sanctions on a Russian oilfield where Indian companies collectively hold a 49.9% stake. While Indian stakes are below the 50% threshold for direct sanctions, OVL aims to ensure compliance with OFAC…

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