The deadline for loading Russian oil tanks is February 27, and the deadline to complete financial transactions is March 12.
The United States allowed India until February 27 to download Sucal Tankers with Russian oil, avoiding penalties. On Friday, January 24, the Indian oil industry minister said the Reuters, written by Reuters.
“The revolution of OFAC explanations (the office of the US foreign assets) took place.
He added the deadline to complete financial transactions – March 12.
The minister noted that India will continue to buy Russia oil if its price is lower than the restrictions of $ 60 for a barrel introduced by western countries and if it is sold without the participation of companies and tanke that fell under penalties.
Oil minister Hardip Singh Puri said Russia’s oil reached about 0.2% of the total import of raw oil in India before the war in Ukraine. Today Russian oil is more than a third of Indian oil imports.
At the same time, Puri noted that there is no oil in the market, as countries such as Gayana, Brazil, Canada and the Surinarians increase production, despite the reduction of some large manufacturers.
Remember that the United States, even under the supervision of Joe Biden, imposed a major penalty against Russia’s oil and Russia’s “Shadow Fleet”.
And on the eve, it was learned that the largest Indian oil company left the Russian Federation oil.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.