December 24, 2024 07:27 am (IST)
Hit by global sanctions, Russia offers deep discounts to India on oil purchases: Report
Apr 01, 2022, at 05:47 pm
New Delhi: Russia is offering India deep discounts on the direct sale of oil as most of its importers have backed out amid sweeping Western sanctions, including its exclusion from the cross-border payment system SWIFT, following the invasion of Ukraine, Bloomberg reported citing sources.
Mar 02, 2022, at 03:53 am
New Delhi: State-run Indian refiner Bharat Petroleum is seeking to import crude oil from the Middle Eastern producers to meet the requirements for April, fearing that the Western sanctions on Russia can disrupt the deliveries of Urals crude, Reuters reported citing sources.
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