NEW DELHI: Amid the Group of Seven G7) nations proposing a price cap of 60 a barrel on Russian oil exports in an attempt to limit Russia’s revenue from the fossil fuels, India is not worried even if there is any disruption in the oil supply.
Sources in the Petroleum and Natural Gas Ministry said that unless there is a global oil crisis, the country will not face any alarming circumstances.
An official said on Friday, India imports oil from 30 countries and Russia is one of them. Hence, we always have the flexibility in oil import”
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