Cheap Russian crude is finding willing buyers in India

Cheap Russian crude is finding willing buyers in India

IndiaTimes

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India and Russia have a long-standing relationship that spans sectors such as defense and security, and oil purchases by Asia’s second-biggest importer adds to the Kremlin’s coffers as it tackles financial sanctions. India is considering workarounds including rupee payments benchmarked to the US dollar for buying the crude, government officials said recently.

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