<h1>Indian oil investors seek legal assurance on OFAC 50% rule after US Treasury sanctions Russian oilfield majority owner</h1> An Indian state-owned oil company's overseas arm has sought legal advice after the US Treasury sanctioned a Russian oilfield in which Indian investors hold a combined 49.9% stake and a Russian firm holds 50.1%. The sanctions target subsidiaries with 50%+ ownership, block property and interests in the US or controlled by US persons, and generally prohibit US-person transactions absent a license. Indian investors, which receive dividends (not in-kind oil) and are non-operators, have faced dividend repatriation restrictions and accumulated roughly USD 1.4 billion in Russian accounts. The firm seeks assurance that continuing commercial and financial arrangements will not trigger secondary US sanctions or transactional prohibitions.