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To spread: Russian oil is cheaper for buyers from India, and this happens agains...

Lure as they can: Against the backdrop of US tariffs Russia increased the oil discount for India

To spread: Russian oil is cheaper for buyers from India, and this happens against the backdrop of New Delhi pressure from the US. The Trump Presidential Administration states that the purchase of Russian oil is sponsoring the war of the Russian Federation against Ukraine. The price of URALS oil has decreased by 3-4 dollars by barrel compared to Brent, given the delivery, writes Bloomberg with reference to its own informed sources.

The price is indicated for those loads that will be loaded in late September and in October. Last week, Urals oil was offered at a discount of about $ 2. 50 per barrel. This, in turn, is also significantly more than $ 1 in July. Meanwhile, American oil, which has recently been bought by some Indian oil refineries, is noticeably more expensive.   Earlier, US President Donald Trump has introduced rigid tariffs against India due to the purchase of Russian oil, reminiscent of the publication.

Duties of 50% on Indian goods came into force at the end of August. According to experts, strict criticism and pressure from the United States Administration, instead of turning away from India from oil procurement in Russia, prompted the head of the Indian government of Narendra Modi, on the contrary, to strengthen cooperation with the Russian Federation.   It is also worth noting that India has intensified China.

At the end of August, Napiendra Modi and China Si Jinping, met at the Shanhai Cooperation Summit in the Chinese city of Tianjin, and this was the first meeting in seven years. Earlier, Focus wrote that US President Donald Trump had a quarrel with the Indian prime minister. In particular, Nari Modi annoyed Trump's statements that he had managed to resolve the recent conflict between India and Pakistan.