Microsoft Reinstates Services to Sanctioned Indian Refiner

Microsoft has restored its services to Indian refiner Nayara Energy, which was hit by EU sanctions earlier this month due to Russia’s oil giant Rosneft owing a large stake in the Indian company.  Two weeks ago, the EU adopted the 18th sanctions package against Russia, targeting a hundred more ‘shadow fleet’ tankers, energy trade, and traders and banks enabling it.      In a first move against customers of Russian oil, the EU sanctioned Russian and international companies managing shadow…