Tag Archives: Shrinking Oil Discount from Russia Puts Pressure on India’s Energy Budget

India Faces Higher Oil Prices as Russia Trims Discount to 4%


DAINIK NATION BUREAU : The long-standing oil trade between Russia and India has recently witnessed a significant reduction in the discount offered by Russia. The discount, which was previously at a higher rate, has now been scaled down to 4%. While this development may have implications for India’s energy security and economic stability, the issue of opaque delivery charges remains ...

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