Why Russian Crude Will Keep Flowing To India Despite U.S. Pressure ...Middle East

OILPRICE - Economy
Why Russian Crude Will Keep Flowing To India Despite U.S. Pressure
source : OILPRICE ( Middle East ) () 29
For months the US has repeatedly tried to coerce India into cutting ties with Russia, thereby abandoning its national interests. New Delhi, however, continues to spurn American attempts to subject its economy to Washington’s dictates. The latest fuss concerns the G7 price cap on Russian oil and EU and UK bans on shipping and related services for Russian crude. India continues to have no interest in joining the US-led initiative as it gets a steep discount on oil from Russia and wants to maintain the relationship with a long-time strategic…

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