OilPrice
Washington’s standoff with New Delhi over Russian crude imports has become a telling measure of the effectiveness and limits of Western sanctions. India has eased back slightly on purchases of Urals barrels, trimming perhaps three to five hundred thousand barrels per day, but the overall message from Prime Minister Narendra Modi’s government has been firm…
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India’s Defiance Could Reshape the Oil Chessboard
Washington’s standoff with New Delhi over Russian crude imports has become a telling measure of the effectiveness and limits of Western sanctions. India has eased back slightly on purchases of Urals barrels, trimming perhaps three to five hundred thousand barrels per day, but the overall message from Prime Minister Narendra Modi’s government has been firm…