India to continue buying Russian oil if profitable, says Kremlin
NeutralFinancial Markets
- The Kremlin has stated that India will continue to purchase Russian oil as long as it remains profitable, highlighting the ongoing economic ties between the two nations despite geopolitical tensions. This announcement comes amid a backdrop of fluctuating oil prices and potential sanctions affecting Russian energy exports.
- This development is significant for India, which has been importing discounted Russian crude oil, benefiting from lower prices while facing scrutiny from Western nations regarding its support for Russia amid the ongoing conflict in Ukraine.
- The situation reflects a complex interplay of geopolitical dynamics, as India balances its energy needs with international pressures, particularly from the U.S. and Europe, while Russia seeks to maintain its oil exports despite looming sanctions and the impact of the Ukraine conflict on global oil markets.
— via World Pulse Now AI Editorial System





