India faces threat
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India and China’s largest refineries are looking at curbing purchases of Russian oil, as US sanctions on Russia’s largest oil companies reverberated through global energy markets yesterday.
U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access to its vast agricultural and dairy sectors.
Brent crude and West Texas Intermediate futures jumped 5% following new U.S. sanctions on Russia's largest oil producers, to curb Russia's ability to fund its war in Ukraine.
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Trump claimed India had agreed to stop buying Russian oil. New Delhi says it knows nothing about it
India has seemingly pushed back against US President Donald Trump’s claim it had agreed to stop importing Russian oil in defiance of massive sanctions from Washington, signaling that an issue that has