London Daily

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Tuesday, Jul 05, 2022

China and India buy more Russian oil, blunting Western sanctions

China and India have increased Russian oil purchases as prices decline due to Western import bans, the latest data shows, creating a loophole that allows Moscow to secure export revenue. Both countries take advantage of discounts as buyers disappear.
The one who best explained the solid logic of this move is the Foreign Minister of India, Mr. Subrahmanyam Jaishankar (audio attached).

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