Tag: buying
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India declares its position on buying Russian oil above the price ceiling
India has defended its Russian oil imports, which have peaked recently, stressing that it faces its biggest economic threat. New Delhi confirmed the possibility of buying Russian crude at a level close to or exceeding the price ceiling imposed by the West in the aftermath of Moscow’s war on Ukraine, according to a report published…
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Turkey will not stop buying Russian oil despite the “price ceiling” (article)
Russia’s invasion of Ukraine, and the embargo on Russian energy exports, provided a good opportunity for Turkey to import cheap Russian oil; Moscow sold oil at a huge discount to some Asian countries and Turkey. To reduce the impact of sanctions on its oil exports. In the past 4 decades, Russia has played an important…
