India has paid Russia nearly $20 billion for oil in just seven months, more than what it paid in the last ten years combined. It has only reaped higher profits of a few Indian companies.
Pakistan Finance Minister Ishaq Dar had earlier said that Islamabad wanted to have the crude oil deal with Moscow on terms similar to those agreed for New Delhi.
The US and its G7 nations aim to prevent Russia from profiting from oil after its invasion of Ukraine while ensuring that most of its oil continues to flow to global markets.
When asked how India would respond if pressured by the EU or US to halt Russian oil purchases, Puri said Modi govt feels no such pressure but also has back up plans ready.
The external affairs minister also said US knows India's position on Russian oil imports and has 'moved on', adding that the country has been 'open and honest about its interests.'
The ex-PM, who blames US for 'regime change conspiracy' in Pakistan, commended the Indian foreign minister for asking why the west wasn't questioning Europe on Russian oil imports.
Unlike EU’s approach of phased ban on 90% of Russian oil by end of year, a price cap would mean allowing countries to continue to import Russian oil but limiting the price.
While state-run refiners have recorded higher-than-usual margins in 2021-22, the margins are more for private players as they are the biggest beneficiaries of cheap Russian crude.
Alongside buying into the grift that is dating apps, the girlies are also installing astrology apps like Astrotalk to investigate the same tired mystery—will he ever text back?
Aquaculture is the fastest growing food sector in Africa, offering significant returns on investment for all involved and achieving the continent’s goals for food security, dignified livelihoods and economic growth.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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