After Russia’s attack on Ukraine, the US has been instructing other countries not to do business with Moscow. Many countries have also backtracked on relations with Russia. Meanwhile, when Russia offered to buy crude oil cheaply to India, America was furious at India, but now a report by the think tank Center for Research on Energy and Clean Air (CREA) has come out in which it has been told that the US Has bought more fuel from Russia than India.
The report claimed that India has bought more crude oil than the US has bought from Russia since the start of the war against Ukraine. In the list of Russia’s crude oil exporters, India is ranked first at 20, while the US is up two places, meaning at number 18.
Germany ranked first
Germany ranks first in purchasing crude oil from Russia since the start of the war in Ukraine. Italy is at number two. China is at number three, Netherlands at number four and Turkey at number five. France at number six, Belgium at number seven, Spain at number eight, South Korea at number nine and Poland at number ten.
Officials said – did not get any special benefit of the offer
Regarding buying crude oil in power from Russia, Indian officials said that the discount of Mosque has not had any significant effect on Indian buyers. Officials said that in Russia’s offer, it was said that first take delivery and then get shipping. In such a situation, Indian oil buyers will have to pay shipping charges, insurance and war premium, officials said. Because of which there is no point in huge discounts.
Russia has been subjected to various sanctions since the war.
Indeed, after waging war against Ukraine, there are many sanctions on Russia. In such a situation, Russia offered India to buy cheap oil. After Russia’s offer, some other companies including Reliance bought a total of 30 million barrels of crude oil. After the purchase of crude oil from Russia by the Indian side, many European leaders, including US President Joe Biden, opposed it.