NDTV: US says it has no intention of imposing sanctions on India for buying Russia’s oil

No time to read?
Get a summary

The US will not attack India to buy oil from Russia. This was announced by Karen Donfried, Assistant Secretary of State for European and Eurasian Affairs, Indian television channel reported. NDTV.

“I want to be clear, we will not impose sanctions on India. Donfried said our partnership with India is one of the most important.

The decision to impose a ceiling price on Russian oil, adopted by the European Union countries, G7 countries and Australia, entered into force on December 5, 2022. The price ceiling was set at $60 per barrel.

India did not support the Western cap on Russian oil prices. This country is the world’s third largest importer of crude oil, after China and the United States, and is an active purchaser of Russian oil.

formerly Bloomberg reportedIndia will process Russian oil and send it back to the European Union as diesel fuel.

No time to read?
Get a summary
Previous Article

Analyst Yushkov predicts sanctions on Russian oil will have dire consequences for the European Union

Next Article

Avito Real Estate: The cost of renting housing in Moscow fell by more than 20% in 2022