Indian Clarity

Light. Truth. Clarity.

Loading ad...
India

Russia Moves to Bypass Sanctions to Keep Indian Oil Flows Intact

Russia is restructuring its oil supply chains to circumvent US sanctions, enabling India to continue purchasing significant amounts of discounted Russian crude. Since the Ukraine conflict began, India has become the second-largest buyer of Russian oil, which remains cheaper than Middle Eastern alternatives, despite increasing pressure from the US on India to reduce its dependency.

Russia Moves to Bypass Sanctions to Keep Indian Oil Flows Intact

Credit: Timesnownews

Key Highlights

  • India is the world's second-largest buyer of Russian oil.
  • Russian crude prices are consistently lower than Middle Eastern oil.
  • US sanctions are aimed at limiting India's imports of Russian oil.
  • Relations between the US and India have worsened over oil dependency issues.
Loading ad...

Sources

  1. Russia Moves to Bypass Sanctions to Keep Indian Oil Flows Intact

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...