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Can Russia's Decision Reduce Fuel Prices In India?
By: Tupaki Desk | 12 Dec 2022 2:26 PM GMT
Though the ongoing war was started between Russia and Ukraine, it later placed the whole world against Russia. Not happy with the war waged by the superpower nation, one after the other almost every country started demanding Russia stop the war.
The countries even imposed many sanctions against Russia and started charging big amount for the crude oil Russia is supplying. While the supply charges and others were increased, a cap was imposed on the fuel price by the western nations.
In the whole episode, if there is any nation that stood in solidarity with Russia, then it is India. We not only stayed away from voting against Russia at the United Nations General Assembly but also did not stop buying oil from there. Despite America and others trying to stop India we did not
The Indian government backed the decision and said that it is putting the interests of the people and nation on top of everything and it is not feeling bad about this. On many occasions, Minister of External Affairs of India Jaishankar also supported this.
Now Russia is all set to give a return gift to India by helping us in bringing down the oil prices. Deputy Chairman of the Government, Alexander Novak held a meeting with the Indian ambassador to Moscow Pavan Kapoor recently amid the sanctions imposed by the west.
The Russian Embassy said that Russia decided to build ships with a large capacity of fuel so that the sanctions imposed by the G-20 nations will not impact.
"In order not to depend on the ban on insurance services and tanker chartering in the European Union and Britain, the Deputy Prime Minister of Russia Alexander Novak has offered India cooperation on leasing and building large-capacity ships," the embassy said.
The countries even imposed many sanctions against Russia and started charging big amount for the crude oil Russia is supplying. While the supply charges and others were increased, a cap was imposed on the fuel price by the western nations.
In the whole episode, if there is any nation that stood in solidarity with Russia, then it is India. We not only stayed away from voting against Russia at the United Nations General Assembly but also did not stop buying oil from there. Despite America and others trying to stop India we did not
The Indian government backed the decision and said that it is putting the interests of the people and nation on top of everything and it is not feeling bad about this. On many occasions, Minister of External Affairs of India Jaishankar also supported this.
Now Russia is all set to give a return gift to India by helping us in bringing down the oil prices. Deputy Chairman of the Government, Alexander Novak held a meeting with the Indian ambassador to Moscow Pavan Kapoor recently amid the sanctions imposed by the west.
The Russian Embassy said that Russia decided to build ships with a large capacity of fuel so that the sanctions imposed by the G-20 nations will not impact.
"In order not to depend on the ban on insurance services and tanker chartering in the European Union and Britain, the Deputy Prime Minister of Russia Alexander Novak has offered India cooperation on leasing and building large-capacity ships," the embassy said.
