Political scientist Nandan Unnikrishnan, an honorary research fellow at the Observer Research Foundation, rated India’s chances of meeting the oil price ceiling as zero. TASS.
“Currently, the chances of India joining the oil price ceiling are almost zero. India will proceed entirely in its own interests – economic, political, strategic. Now there is interest in importing cheap oil from Russia. India will not give up on this. “India is making huge profits,” said Unnikrishnan.
He also noted that the European Union cannot threaten to impose secondary sanctions on the purchase of Russian oil, since the EU has ended its independence with regard to the imposition of sanctions and its “masters” is the United States. – According to Unnikrishnan, he is very kind to India and does not want to spoil relations.
Formerly Wall Street analysts declaration Oil prices are likely to rise to $100 per barrel in the near future.