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Why India Can’t Quickly Replace Russian Oil: Sitharaman
Finance Minister Nirmala Sitharaman has said India cannot simply stop buying Russian crude and replace it with oil from other countries. Speaking at the BusinessLine Changemaker Awards on September 22, she pointed to limited global supply, the risk of higher prices and the need to obtain crude that Indian refineries can process. Her remarks came as India faces renewed pressure over its energy trade with Russia. US President Donald Trump signed the Lindsey O. Gr
Why India Can’t Quickly Replace Russian Oil: Sitharaman
Finance Minister Nirmala Sitharaman has said India cannot simply stop buying Russian crude and replace it with oil from other countries. Speaking at the BusinessLine Changemaker Awards on September 22, she pointed to limited global supply, the risk of higher prices and the need to obtain crude that Indian refineries can process. Her remarks came as India faces renewed pressure over its energy trade with Russia. US President Donald Trump signed the Lindsey O. Gr







