India buys 3 million barrels of Russian oil: report
India's state-run oil company purchased 3 million barrels of Russian crude this week as numerous other nations bar such imports due to Moscow's invasion of Ukraine, The Associated Press reported on Friday.
Indian Oil Corp. made the purchase despite international pressure, led by the U.S. and other Western nations, to freeze Russia out of the global energy market over the incursion. India, the world's largest democracy, imports about 85 percent of the oil it uses.
The largest portion of India's oil, 27 percent, comes from Iraq, followed by Saudi Arabia with 17 percent, the United Arab Emirates with 13 percent and the U.S. at 9 percent.
The U.S. and much of Europe have already applied heavy sanctions to Russia along with the U.S.'s energy import ban.
https://www.msn.com/en-us/news/politics/india-buys-3-million-barrels-of-russian-oil-report/ar-AAVf27X
Russian oil sale to India complicates Biden's efforts
WASHINGTON (AP) — President Joe Biden’s campaign to unite the globe against the Russian invasion of Ukraine is being challenged not only by adversaries such as China but also by the world’s most populous democracy, India.
An Indian government official said on Friday that the country will increase its imports of Russian oil, allowing it to boost energy supplies at a discount as its economy struggles to recover from the coronavirus pandemic. The official, who was not authorized to talk to reporters and spoke on the condition of anonymity, said the latest purchase was 3 million barrels.
Although India isn’t alone in buying Russian energy — several European allies such as Germany have continued to do so — the decision conflicts with Biden’s efforts to isolate Russia’s economy with sanctions.
The increased flow of oil could further strain the relationship between Washington and New Delhi, which has already been tested by India’s recent procurement of advanced Russian air defense systems.
https://www.msn.com/en-us/news/politics/russian-oil-sale-to-india-complicates-biden-s-efforts/ar-AAVeQ3r
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