India purchases Russian oil at discount despite U.S. pressure

Capt. John

India has reportedly bought at least 13 million barrels of crude oil from Russia since Feb. 24, compared with nearly 16 million barrels in all of 2021, given the huge discounts offered by Moscow since the Ukraine crisis. Crude prices are soaring in the international market with the Russia-Ukraine conflict unfolding. New Delhi has called …

The post India purchases Russian oil at discount despite U.S. pressure first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/india-purchases-russian-oil-at-discount-despite-u-s-pressure/

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