India has not been urged to reduce its imports of Russian crude oil, with senior officials from the US Department of the Treasury emphasising a desire to see Russia offer higher negotiated discounts to buyers, they said on Thursday. Additionally, they highlighted that Indian buyers can procure Russian crude above the $60 per barrel price cap if they opt out of Western shipping and maritime services.
Speaking to journalists at the Ananta Aspen Centre in Delhi, Anna Morris, assistant secretary for terrorist financing and financial crimes, and Eric Van Nostrand, assistant secretary for economic policy of the US Department of
First Published: Apr 04 2024 | 8:14 PM IST