Hmm, India is buying oil at a discount rate but they are selling those oil by refining to European countries when oil price in their own country is skyrocketing. When people are suffering because of these price hikes then govt is making a hell lot of money.
They can not reduce oil prices in their country when they are already buying it at a discount rate then how OPEC countries increased oil supply will decrease the oil price?
There is so much drama involved in it - why have EU not thought once before putting the sanctions on Russia.
Did they believe that Russia will do as they demand and beg EU to remove the sanction. Russia is the power they have fuel. Now half of the world is in trouble and IND are clever enough to cash this game.