India to keep buying Russian crude oil...

S Venkateshwari
India to keep buying Russian crude oil...


Since the start of the Russia-Ukraine War, the prices of crude oil in the international market had increased rapidly. Due to this, there was a record increase in the prices of crude oil in India. In such a situation, where Western countries including America had imposed sanctions on russia, on the other hand, india had taken advantage of this issue and bought crude oil from russia and this was a big step for india in economic terms. indian Foreign minister S jaishankar, who has now reached russia on this issue, has said that buying Russian oil has been a profitable deal for India.

Actually, S jaishankar is on a tour of Russia. He has said after meeting Sergey Lavrov that india will continue to buy Russian crude oil as it is economically very beneficial for the country. Let us tell you that after China, india has emerged as Russia's biggest oil customer because western countries are not taking oil from russia due to the ukraine war.

Cheap crude oil is India's priority

Indeed, india is the world's third-largest oil importer and a traditional ally of Russia. On the arrival of crude oil in india, S jaishankar said, "It is our fundamental responsibility to ensure that the indian consumer has the best possible access to the international (oil and gas) markets at the most advantageous terms."

Crude oil will continue to come from Russia

S jaishankar also gave a big assurance before Sergey Lavrov about the implementation of the policy of cheap crude oil, saying, In this regard, we have seen that the relations between india and russia have worked to my advantage. If it works for me, I'll keep it up.


Find Out More:

Related Articles: