Russia-India Oil Deal: America’s big statement has come on the offer of India to buy oil from Russia at a huge discount. The United States of America (US) on Tuesday said that if India imports crude oil from Russia at a discount rate, it will not be considered a violation of US sanctions. At the same time, the US also said that such a move would put the world’s largest democracy on the “wrong side of history”.
Let us inform that in the midst of the ongoing Ukraine-Russia war, India is considering buying Russian oil at a discount rate. If sources are to be believed, India has received offers from Russia to buy oil at a discount of about 25 to 27 percent. According to a news of ET, under this deal, India will buy 3.5 million barrels of crude oil from Russia. India has also come very close to this deal. Let us tell you that India is a big importer of crude oil and it buys more than 85 percent of its crude oil from outside.
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What did America say?
When America and its allies have banned the purchase of oil from America, when White House Press Secretary Jen Psaki was questioned by the American press, she said, “Our message to any country is that we The restrictions that have been imposed, let us all follow those restrictions which are recommended.” At the same time, when asked about a report about the possibility of India accepting the Russian offer of concessional crude oil, the White House spokesperson said, “I do not think it will be a violation of (sanctions).” He further added, “But think about when history books are written about this time, where do you want to stand? Support for the Russian leadership is support for an invasion, which is clearly having devastating effects.” Is.”
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Russian Deputy Prime Minister spoke to Hardeep Singh Puri
Russia wants to further increase trade with India. Recently, Russian Deputy Prime Minister Alexander Novak spoke to Petroleum Minister Hardeep Singh Puri regarding this. He invited India to increase investment in the oil and gas sector. On March 11, Russian Deputy PM Alexander Novak spoke to Union Minister of Petroleum and Natural Gas Hardeep Singh Puri, during which he invited Indian investments in his oil and gas sector.