Energy purchases are part of the country’s inflation-management strategy, the Finance Ministry says Indian Finance Minister Nirmala Sitharaman announced on Thursday that importing Russian oil is part of New Delhi’s inflation-management strategy, noting that other countries are acting in a similar manner. According to Reuters, the minister revealed that crude oil shipments from Russia have jumped to between 12% and 13% of imports from all sources since February from about 2% before then. “I give credit to the statesmanship of the prime minister to make sure globally that we did keep up the relationship with all cou
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