India in talks to buy discounted Russian oil - Shahpur Turk CSC - Common Service Centre in Sonipat India in talks to buy discounted Russian oil

16 March 2022

India in talks to buy discounted Russian oil

India is exploring options for buying Russian crude oil, authorities said Tuesday, with prices there plunging to record lows in the wake of a global backlash to the Ukraine conflict. New Delhi enjoys historic diplomatic and defence ties with Moscow, hosting a rare overseas trip by President Vladimir Putin late last year, and has called for an end to the violence in Ukraine but stopped short of condemning the invasion.

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