NEW DELHI — The U.S. expressed concern that an Indian company hid the origin of Russian oil, processed it and shipped some products to New York, according to a deputy governor of India’s central bank.
India was notified of the case by the U.S. Treasury, Michael Patra, deputy governor in charge of monetary policy at the Reserve Bank of India, said at an event Saturday in Bhubaneswar, the capital of the eastern state of Odisha.
“I will give an example of how topsy-turvy the world has become,” Patra said. “You know there are sanctions against people buying Russian oil. And this was reported to us by the U.S. Treasury.” He didn’t elaborate on whether any action was being taken over the shipment.
