Why Russia Is Suddenly Offering India Its Cheapest Oil in Two Years – And What It Means

Russia is offering its Urals crude oil to India at the steepest discount in two years, currently around $7 a barrel cheaper than Brent crude, reported The Mint via a Video report.This significant price cut follows the imposition of new US sanctions on Russia’s key oil producers, Rosneft and Lukoil, which have disrupted the oil trade with India, forcing Indian refiners to reconsider their
Russia is offering its Urals crude oil to India at the steepest discount in two years, currently around $7 a barrel cheaper than Brent crude, reported The Mint via a Video report.This significant price cut follows the imposition of new US sanctions on Russia’s key oil producers, Rosneft and Lukoil, which have disrupted the oil trade with India, forcing Indian refiners to reconsider their
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