Russia's oil trade under pressure - important trading partner fears sanctions. As of: March 1, 2024, 6:40 p.m By: Lars-Eric Nievelstein CommentsPressSplit Because of Western sanctions, Russia gave India and China heavy discounts on oil purchases.
Now the country is turning this back. India reacts – with a look to the Middle East. Hardeep Singh Puri, India's Minister for Petroleum and Natural Gas, made it clear that Indian companies would always look for the cheapest crude oil available.