Russia Offers India Help In Overcoming Oil Price Cap Imposed By West
NDTV
"Alexander Novak held a meeting with Indian ambassador to Moscow Pavan Kapoor on Friday," the Russian embassy in New Delhi said in a statement
Russia has offered India help in overcoming oil price cap being imposed by western nations amid the war in Ukraine.
"In order not to depend on the ban on insurance services and tanker chartering in the European Union and Britain, the Deputy Prime Minister of Russia Alexander Novak has offered India cooperation on leasing and building large-capacity ships," the Russian embassy in New Delhi said.
"Alexander Novak held a meeting with Indian ambassador to Moscow Pavan Kapoor on Friday," it said.
"In the first eight months of 2022, Russian oil exports to India grew to 16.35 million tonnes; in the summer, Russia ranked second in terms of oil shipments to India," the statement said.
