A substantial boost in Russian oil imports by India could endanger New Delhi to a "great risk" as the United States readies to step up enforcement of penalties against Moscow for its aggression in Ukraine, claimed the U.S. administration official. While the recent U.S. sanctions against Russia do not deter other countries from obtaining Russian oil, the warning sets expectations that Washington will strive to prohibit other countries' purchases to ordinary levels.
The U.S. official's announcement comes forward of Russian Foreign Minister Sergei Lavrov's two-day stay in New Delhi. Refiners in India, the world's third-largest oil importer, and buyers have grown-up Russian oil through place tenders since the war began on February 24, benefiting from intense discounts as other customers back away. India has obtained at least 13 million barrels of Russian oil since February 24, distinguished with nearly 16 million barrels in all of 2021.
"The U.S. doesn't deter India from buying Russian oil provided it purchases it at a discount, without considerably boosting from previous years." "Some increase is allowed," said the source.