India's oil importers sometimes experience delays in paying for the Russian crude when it's above the $60 a barrel price cap set by the G7, but most of the current Indian imports from Russia are priced below that cap, a senior Indian official said on Monday. "Nobody stops us from buying Russian oil at above the price cap level provided. We are not using western service," India's oil secretary Pankaj Jain said at an event as carried by Reuters. The EU and G7 banned on December 5 maritime transportation services, including…
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