India To Keep Purchasing Russian Oil After Sanctions Go Into Effect

India said that it would continue to purchase Russian crude oil even after the embargo and price cap go into effect on December 5, an official in the Indian Oil Ministry said on Friday. India has consistently stated its intention to continue to purchase whatever crude oil makes the most financial sense for the import-heavy country. The Indian Oil Ministry official, cited by Attaqa, said that the sanctions placed on Russian oil—specifically on Western shipping and insurance services—won’t apply to India because they intend to use…