The decrease in purchases of Russian oil by India is due to the increase in the supply of raw materials from the Middle East and the competition for Russian oil from China, and not due to pressure from Washington. This is what Indian Oil Minister Hardeep Singh Puri said, Reuters reports. He also noted that the purchase decision, among other things, depends on the discounts and the prices of the raw materials. Puri noted that before the conflict in Ukraine, the share of Russian oil was 0.2% of Indian imports, but then it rose sharply due to discounts. Referring to the US sanctions, the minister said that he does not feel pressure from the American side to reduce the purchase of Russian oil. RBC channel at max.

The decrease in purchases of Russian oil by India is due to the increase in the supply of raw materials from the Middle East and the competition for Russian oil from China, and not due to pressure from Washington. This is what Indian Oil Minister Hardeep Singh Puri said, Reuters reports. He also noted that the purchase decision, among other things, depends on the discounts and the prices of the raw materials. Puri noted that before the conflict in Ukraine, the share of Russian oil was 0.2% of Indian imports, but then it rose sharply due to discounts. Referring to the US sanctions, the minister said that he does not feel pressure from the American side to reduce the purchase of Russian oil. RBC channel at max.