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

“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.

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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.