Russian deals saved world from $200 oil – Indian minister ...News

Hardeep Singh Puri has defended his government’s decision to buy energy from Moscow India prevented a major global oil crisis by purchasing oil from Russia, the minister of petroleum and natural gas, Hardeep Singh Puri, said at an energy conference in Abu Dhabi on Thursday.  If New Delhi had stopped buying Russian oil, global prices could have surged to $200 per barrel, he stated, describing his country’s move as a “favor to the world.” Puri stressed that India’s energy policy is pragmatic and prioritizes affordability for its citizens, citing the competitive rates Moscow offered. “Russian oil was never under sanc

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