US to India cheque; Oil imports from Russia are useless, instead from Iran and Venezuela. will import oil

 

 

In return for reducing oil imports from Russia, Crude oil from US sanctioned countries like Iran and Venezuela Central government asked US to allow India to buy. There are indications that this demand has been raised strongly in India-US discussions. US visiting Indian delegation met with American officials This topic was raised repeatedly in the meetings. Oil supply from major oil producing countries like Russia, Iran, Venezuela India says simultaneous disruption will cause sharp rise in global oil prices The representatives pointed out.

US imposes tough tariffs against India over oil trade with Russia Following the imposition, Indian representatives went to the US for discussions. Meanwhile, India is importing crude oil from Russia.

Many countries on the sidelines of Russia-Ukraine war trade with Russia Due to this, Russian crude oil had to be sold at lower prices. 90% of India's oil requirement is met through imports. India gets Russian oil at lower price to reduce import costs Assistant. Oil from Iran and Venezuela can also be obtained with similar price. Possibility.

Meanwhile, due to Russian crude oil imports, Indian products are being exported to the US. Indian refineries are imported from Russia even after the increased double duty. We are planning to increase imports. Compared to the previous month, September produced between 1,50,000 barrels and 3,00,000 barrels per day, (10-20% Experts say there is a possibility of increase up to .