> Since Indian refiners are already getting Russian crude at $60 a barrel or below, there will hardly be a negative impact of the price cap on India
India and China’s official position is still that they’re not abusing by the price cap. Obviously they’re not going to pay more than what they were paying just to violate the cap. Trying to spin this as a win for the EU is odd.
> Since Indian refiners are already getting Russian crude at $60 a barrel or below, there will hardly be a negative impact of the price cap on India
India and China’s official position is still that they’re not abusing by the price cap. Obviously they’re not going to pay more than what they were paying just to violate the cap. Trying to spin this as a win for the EU is odd.