India Denies Sanctions Hold Back Imports of Russian Crude Oil

January 3, 2024
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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India’s lower imports of Russian crude oil in recent weeks were the result of unattractive discounts, not because of payment issues amid tougher U.S. sanctions on Russia’s exports, Indian Oil Minister Hardeep Singh Puri said on Wednesday. “There is no payment problem,” Puri told a briefing in New Delhi on Wednesday, as quoted by Bloomberg. “It is a pure function of price at which our refiners will buy,” he said, adding that India’s priority is to ensure the cheapest price possible for its consumers.…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

India Denies Sanctions Hold Back Imports of Russian Crude Oil

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