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The Guardian - UK

World

Hannah Ellis-Petersen in Delhi

Russia working to circumvent sanctions to ensure India oil imports continue

Oil India United States Russia Donald Trump Reliance Homayoun Falakshahi Vladimir Putin Lukoil Rosneft

Russian president Vladimir Putin with India’s prime minister Narendra Modi. — Vladimir Putin with Indian PM Narendra Modi last month. Photograph: Adnan Abidi/Reuters

Russia is already working to circumvent the latest US sanctions to ensure India can continue to import high levels of cheap Russian crude oil, according to industry analysts.

Since the outbreak of the Ukraine war, India has become the world’s second largest purchaser of Russian crude oil, which has been heavily discounted due to the impact of western sanctions.

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