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    HomeNewsOpinionIndia’s oil import strategy faces risks from geopolitics, rising prices

    India’s oil import strategy faces risks from geopolitics, rising prices

    India’s opportunistic buying from Russia at substantial discounts is now nearing its end with the country scarcely in a position to cock a snook at US sanctions, unlike China

    Vivek Y Kelkar
    April 03, 2024 / 08:54 IST
    The OPEC+ production cuts have been amplified by disruptive geopolitics with both the status of the Russia-Ukraine war and the scenario in the Red Sea with the Houthi attacks raising concerns about supply
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