Kyiv: Russia announced on Wednesday it would ban oil sales to countries that abide by a price cap imposed this month by the West, giving its long-awaited response to the most dramatic step taken so far to limit Moscow s ability to raise funds for
New Delhi: Russia's flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below a $60 price cap agreed by the West, according to sources
New Delhi: The United States (US) is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, US Treasury Secretary Janet Yellen said .
Moscow: Russia has become India’s top oil supplier during the month of October, surpassing traditional sellers Iraq and Kingdom of Saudi Arabia (KSA).