India won’t support Russian oil price cap – expert ...News

Russia Today - Economy
India won’t support Russian oil price cap – expert
source : Russia Today ( News ) () 28
The proposed mechanism is motivated by sanctions, and India does not side with them, Nandan Unnikrishnan says India will reject the plan by the Group of Seven countries (the US, Canada, Germany, France, Italy, the UK, and Japan) to impose a price ceiling on Russian oil, political scientist Nandan Unnikrishnan said on Friday. “India, in my opinion, will not join this even though [the price cap] would lower the price [of oil] and meet the economic challenges that India is facing. India will not join this decision because the decision is motivated by the sanctions regime against Russia. And India is not joining these

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