March 10, 2026

India Can Buy As Much Russian Oil As It Wants, Outside Price Cap, Yellen Says

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India Can Buy As Much Russian Oil As It Wants, Outside Price Cap, Yellen Says

 

The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap.