Amid threats of sanction on Russian oil supplies, India guided by ‘best offer’: MEA

By Ajay Banerjee

Amid threats of sanction on Russian oil supplies, India guided by ‘best offer’: MEA

India prioritizes securing its energy needs, seeking the “best offer” in the market, while criticizing potential “double standards” in sanctions enforcement. The US threatens secondary sanctions on Indian exports of refined Russian crude. India, a major Russian oil buyer, faces increased costs if forced to find alternative, more expensive supplies.

Read More…