NEW YORK: India’s finance minister Nirmala Sitharaman said the South Asian nation could buy Russian crude oil near or past the price cap imposed by the G-7 if the recent OPEC+ output cut increases energy costs.
“We will have to constantly re-figure where we get the best deal as it is a critical input for the economy,” Sitharaman said in a wideranging interview, adding that the nation will look at “affordable prices” to serve its large population.
