Global petroleum rates, not polls, dictate pricing: Puri

New Delhi: India is feeling no “pressure” from the impending price cap on seaborne Russian crude proposed by the G-7 countries from December 5 and possible disruption in shipping and insurance, oil minister Hardeep Singh Puri said at the Times Now Summit 2022 on Thursday.

- 

“The navigation (through the energy crisis) is an ongoing process. Anyone who understands the market will appreciate the political resolve and the quality of decisions taken by the government,” he said on the question of domestic prices not rising in tune with global crude and purchase of Russian crude in spite of questions from th