The administration of US President Joe Biden will continue to discuss India's purchases of Russian oil with officials, but so far is pleased that New Delhi is buying Russian oil at prices well below the price ceiling set by the West.. This was reported by officials of the US State Department, Bloomberg writes..

Russian oil purchases are a recurring topic of discussion between the US and India as Washington seeks to deprive Russia of the revenue it needs to fund its invasion of Ukraine, officials said..

The fact that India is buying oil well below the cap is good for both the Indian economy and the stabilization of oil markets..

In recent months, import-dependent India has seized the opportunity offered by the oil rebate.. A little over a year ago, it almost did not buy Russian oil, today the country's market has become decisive for Moscow, which, in turn, has forced out other suppliers. This is unlikely to change, even as China reopens after a long lockdown caused by the pandemic..

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Earlier it was reported that Indian buyers of Russian oil, who have been an important lifeline for the Kremlin in recent months, have found themselves under the burden of increasingly stringent demands from financiers wary of violating Western sanctions - a "

Global economic turbulence has given India a definite chance, pushing it into fifth place among the world's economies with the prospect of moving to third by 2030. India is chairing the G20 this year. Can Ukraine count on a change in New Delhi's attitude towards Russia's aggression against our country? About this - in the article by Natalia Butyrskaya "