According to industry officials, the Indian government has asked state oil companies to purchase huge quantities of cheap crude oil from Russia, strengthening commercial ties with the country, despite the West’s toughening ban on moscow,
Western countries have sought to constrain Russia’s ability to use its vast oil and gas exports to finance the war in Ukraine. India’s emergence as a major buyer of Russian oil has the potential to overcome the brunt of sanctions. However, other countries, including China and Turkey, have also accelerated purchases of Russian oil. country’s exports remained below pre-war levels.