Govt’s Firm Stand On Buying Russian Oil; Saves $8 Billion In India’s Import Bill

New Delhi: India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import bill during the first 11 months of the fiscal year 2022-23 and also helped the country to lower its current account deficit.Prime Minister Narendra Modi-led government has stood firm in maintaining
New Delhi: India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import bill during the first 11 months of the fiscal year 2022-23 and also helped the country to lower its current account deficit.Prime Minister Narendra Modi-led government has stood firm in maintaining
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