India, the world’s third-largest oil importer which has significantly boosted imports of Russian oil in recent months, is expected to tell U.S. officials this week that it could join a global coalition of setting a price cap on Russia’s oil only if there is a broad consensus on the issue, sources with knowledge of the situation told Bloomberg on Wednesday. The U.S. and the G7 group of the world’s most industrialized nations are leading efforts to impose a price cap on Russian oil. They are considering waiving the ban on insurance…
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