Russia-Ukraine conflict
India is not a conduit for Russian oil sales to other countries, said External Affairs Minister S. Jaishankar on Friday, categorically denying international media reports that suggest Indian private refiners are “profiteering” by buying Russian crude at discounted rates and then selling it to other buyers at much higher prices.
“There’s an enormous shortage of oil...Getting access to oil is difficult. A country like India would be crazy to get oil from somebody and sell it to somebody else. This is nonsense,” he said when asked about the reports at the ‘GlobeSec Bratislava Forum’ conference in the Slovak Republic on Friday.
