Russia will be guided by own contacts with India over oil price cap reports

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, March 13 (Reuters) - The Kremlin on Monday, asked about reports that India is abiding by a price cap on Russian oil exports imposed by Western countries, said that it will be guided its own contacts with India, rather than by news reports. Bloomberg reported on Sunday that India will not breach Western sanctions on price over oil imports. India has significantly increased oil imports from Russia since the beginning of the conflict in Ukraine. (Reporting by Reuters, Editing by Louise Heavens)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.