Indian oil corporation oil refrigerator has bought several million oil barrels in the USA and UAE.
The largest Indian oil refinery is to buy millions of oil barrels in the United States and the United Arab Emirates amid increased pressure from Washington and Brussels. The West was dissatisfied with New Delhi due to the continuation of Russian oil imports. Bloomberg reported this, which refers to resources to entrepreneurs.
The Indian Oil Corporation State company gained at least 5 million American oil barrels, as well as 2 million barrels of raw materials from the UAE.
“We consider the growth of India’s activity in the market as a step towards the variety of supplies and reduction in Russian volumes,” said Libya Gallati, head of the global supply of raw oil supply in the energy consulting company.
According to him, despite the doubt, remains about whether US President Donald Trump is implementing his threats to introduce additional duties against Russian energy sources, physical players are not likely to be dangerous by buying oil from Russia.
As you know, Trump has previously announced tariffs and fines against India from August 1, as this country has bought plenty of oil and weapons in Russia.
Russian Federation’s oil tanks are stuck in India – the media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.