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Russia offering oil to India at huge discounted price: Reports

Shortpedia

Content Team
Image Credit: business standard

Russia's invasion of Ukraine has led to pushbacks from western nations and amid growing international pressure, the country has been offering India steep discounts on the direct sale of oil. According to a Bloomberg report, Russia is offering flagship Urals grade to India at discounts of as much as $35 a barrel on prices before the war to lure India to lift more shipments.