Do we switch off our economy? Indian envoy's clapback on Russian oil question
After Russia invaded Ukraine in 2022, it faced a host of sanctions from the West. To drive its economy, Russia started offering crude oil at cheaper rates - an opportunity lapped up by high-oil-consuming nations like India, much to the chagrin of the West.Presently, oil imports from Russia meet around 40-45% of India's energy requirements. Last month, India's crude oil imports from Russia climbed to their highest in nearly a year.- Ends
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