Can India Really Afford To Ditch Cheap Russian Oil And Coal?

Can India Really Afford To Ditch Cheap Russian Oil And Coal?

OilPrice.com

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United States President Joe Biden and India Prime Minister Nerendra Modi met on Monday to discuss Russian energy imports. As the Russian war in Ukraine continues and war crimes and atrocities come to light in the Kyiv suburb of Bucha, the United States and Europe are getting more serious about hitting Russia where it hurts, with sanctions on Russian energy. To make sure that these sanctions have their desired impact, it’s crucial that Russia is not able to easily pivot and sell more energy to other fuel-crunched economies, such as China and…

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