India’s finance minister said on Friday that his country would continue to buy crude oil from Russia as its people needed cheap oil following the recent spike in international prices.
India has already started buying oil from Russia, Nirmala Sitharaman said, adding that the transition to gas is now facing bigger challenges, as the quantities available internationally have been reduced.
Russian Foreign Minister Sergei Lavrov is paying an official visit to New Delhi to strengthen India-Russia ties, following pressure from US and British officials on their Indian counterparts to refrain from undermining the US-based financial system. sanctions against Moscow.
Source: Capital
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