India to Ensure No Breach on Russia Oil Purchase Sanctions

  • India’s oil purchases from Russia well-below price cap
  • India told banks, traders to stick to price cap terms
Saudis Send Bullish Message About Oil With Price Hike
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

India will not breach Western sanctions on Russia including the price cap of $60 imposed on purchases of oil from Moscow, according to people familiar with the matter.