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Puri: India feels no pressure as price cap on Russia oil looms

The Times of India

November 17, 2022

“The Modi government feels no pressure. I have no anxiety. We will see (how things pan out) and deal with it accordingly. The market will deal with logistics issue if they arise,” Puri told reporters.

Puri: India feels no pressure as price cap on Russia oil looms

New Delhi: India feels no pressure from the impending price cap on Russian crude proposed by the G-7 from December 5 and is confident the market will deal with any possible impact on shipping and insurance, oil minister Hardeep Singh Puri said on Wednesday.

This story is from the November 17, 2022 edition of The Times of India.

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