Post
Topic
Board Economics
Re: LMAO: India resells Russian oil to the European Union.
by
Don Pedro Dinero
on 05/06/2022, 04:10:18 UTC
I had already mentioned about it a few days back:

This is old news but the U.S. was very upset about India buying oil from Russia.

The fact that India buys oil from Russia is not new, but it is not what I wanted to emphasise in the thread. What I wanted to emphasise was the European Union making a fool of itself by buying more expensive Russian oil from India.

What does the US have to say to the EU now for buying Russian oil from India? Or is it just going to blame India and turn a blind eye to the EU?

India deny it though,

Quote
“There’s an enormous shortage of oil...Getting access to oil is difficult. A country like India would be crazy to get oil from somebody and sell it to somebody else. This is nonsense,” he said when asked about the reports at the ‘GlobeSec Bratislava Forum’ conference in the Slovak Republic on Friday.

https://www.thehindu.com/news/national/india-is-not-a-conduit-for-russian-oil-sales-jaishankar/article65491475.ece

But we really don't know who is saying the truth here. India is playing their cards very well here and it's up to us to who really believed or who to side in this story. And let's see if US is going to sanction India or it is just a empty threat as we all know that the US-India relationship as far as political and non-political interests are.

Thank you, we have no way of knowing who is telling the truth, I'm afraid. What I think is that the EU must be buying the oil from somewhere that it used to buy from Russia, I don't think they have magically stopped consuming 2.5 million barrels a day.

https://theconversation.com/que-ocurriria-si-europa-dejara-de-comprar-petroleo-a-rusia-178253