India Is Buying Russian Oil Below the Western Price Cap, Officials Say
- US officials say they’re satisfied so far with the purchases
- Blinken arrives in New Delhi for G-20 ministers’ meeting
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The Biden administration will continue to discuss India’s purchases of Russian oil with government officials but is satisfied so far that New Delhi is buying the crude well below a western price cap, senior State Department officials told reporters on Wednesday.
India’s purchases of Russian oil are a constant topic of discussion between the US and India as Washington seeks to deny Russia the revenue it needs to fund its invasion of Ukraine, the officials said. They briefed reporters on condition of anonymity.