Skip to Content

India signals it will continue to buy oil from Russia

KIFI

By SHEIKH SAALIQ
Associated Press

NEW DELHI (AP) — India’s foreign minister has signaled that his country will continue to buy oil from Russia, even as Western governments press Moscow with a price cap on its oil exports. Subrahmanyam Jaishankar says it isn’t right for European countries to prioritize their energy needs but ask India to do something else. India, a major buyer of Russian oil, has so far not committed to the European Union’s price cap of $60 per barrel on Russian oil. The move is aimed at limiting the fossil fuel earnings that support Moscow’s military. Jaishankar was speaking to reporters in New Delhi after holding talks with his German counterpart, Annalena Baerbock, in which they discussed bilateral relations and Russia’s war in Ukraine.

Article Topic Follows: AP National

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content