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    Home > Chemicals Industry > Petrochemical News > India's foreign minister said it would continue to buy Russian oil

    India's foreign minister said it would continue to buy Russian oil

    • Last Update: 2023-01-06
    • Source: Internet
    • Author: User
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    On November 8, local time, Russian Foreign Minister Sergei Lavrov and visiting Indian Foreign Minister Jaishankar Jaishankar held a meeting in Moscow, which was the first time that a senior Indian official visited Russia
    since the outbreak of the Russian-Ukrainian conflict.
    Jaishankar said at a press conference after the meeting that India would continue to buy Russian oil
    .

    Indian Foreign Minister Jaishankar Jaishankar said that Russia-India relations are beneficial to India in ensuring India's access to the international oil and gas market on the most favorable terms, and hopes to continue such relations
    in the future.
    India will continue to buy Russian oil and the two countries will expand trade relations
    .

    Russian Foreign Minister Sergei Lavrov said that as of September, Russia-India trade has reached $17 billion this year, an increase of more than 130%
    over the same period last year.
    Lavrov expressed confidence that the goal set by the two leaders to increase trade volume to $30 billion will soon be achieved
    .

    India's imports from Russia, the world's third-largest crude oil importer, have been increasing
    since February.
    Russia supplied 946,000 barrels of oil per day to India in October, accounting for about 22%
    of India's total oil imports, RIA Novosti reported.
    Russia has overtaken Saudi Arabia and Iraq as India's
    largest oil supplier.

    After the outbreak of the Russian-Ukrainian conflict, the United States and Western countries began to launch all-round economic sanctions against Russia, and at the same time, they were also putting pressure on India to choose sides, but they have been refused
    .
    India continues to buy Russian oil, causing dissatisfaction
    in the United States.
    According to Reuters, US Treasury Secretary Yellen opened her first visit
    to India on the 8th.
    She said before the visit that India would benefit from limiting the price of Russian oil, and the United States hopes India will take advantage of this
    .

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