India will not violate Western sanctions against Russia, including limiting the cost of Russian oil to $60 per barrel. In this respect Wrote Bloomberg, citing the source.
According to the interlocutor of the publication, officials from the Indian government have asked credit institutions and traders to comply with all restrictive measures. Representatives of the USA, other G7 countries (UK, Germany, Italy, Canada, France, Japan and the USA) and Indian officials discussed this issue on the sidelines of the G20 summit.
A Bloomberg source noted that Western countries are satisfied with New Delhi’s position. Officially, India has never announced that it will support the sanctions and the oil price ceiling.
On the eve of the broadcast “New Izvestia” WroteRussian commodity export companies are facing difficulties in attracting money from the sale of energy resources from India. This is due to the peculiarities of the local financial regulation that make withdrawing rupees from the country an extremely difficult task.
enters into force on 5 December entry An agreement between the European Union, the G7 countries (England, Germany, Italy, Canada, France, Japan and the USA) and Australia on the ceiling price of Russian oil of $60 per barrel. from February 5 acquired US$100 per barrel price cap for Russian petroleum products sold at a higher price than crude oil (e.g. diesel and kerosene). For discount traders (for example, for naphtha and fuel oil), the ceiling was $45.
Source: Gazeta
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