India Will Continue to Buy Oil from Russia, Report
Despite US threats, India will continue to buy oil from Russia.
According to media reports, there has been no change in Indian policy even after President Trump’s statements, oil companies in India have not been asked to stop buying Russian oil.
According to media reports, Indian companies’ contracts with Russia are long-term, it is not possible for India to stop buying Russian oil overnight.
It should be noted that India’s 4 state-owned oil refineries have not shown interest in buying crude oil from Russia.
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