Page 3 - Anna Morris News Today

The U.S. Treasury officials, Eric Van Nostrand, assistant secretary for economic policy, and Anna Morris, acting assistant secretary for terrorist financing, will make the remarks at an event held by the Ananta Aspen Centre in New Delhi, the Treasury told Reuters on Wednesday.

India S Reliance Industries: "We know that the Indian economy has much at stake in the Russian oil trade, and has much at stake from the global supply disruptions that the price cap is designed to avoid," the officials will say.

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Russian Oil: Two US officials are coming to India to urge India to maintain the implementation of oil price cap. In 2023, Russia had emerged as Indias top oil supplier. India has strong economic and defence ties with Russia and has refrained from criticising Moscow over its war with Ukraine.

The US Assistant Secretary for Economic Policy said the price cap was met with considerable skepticism in 2022, but over the year following its announcement, the US and its international coalition were pleased with the effectiveness of the policy

India Business News: The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed $60 per barrel price cap is to have stabl

India has emerged as one of the top buyers of Russian sea-borne oil since Western nations imposed sanctions and halted purchases in response to Moscow’s invasion of Ukraine in February 2022

The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed $60 per barrel price cap is to have stable global oil supplies while hitting Moscows... -April 04, 2024 at 05:57 am EDT - MarketScreener

After the war began, India, which bought very little Russian crude oil in the past, has increased its purchases. India has said that the purchase of inexpensive Russian crude is in national interest., India News - Times Now

US Has Not Asked India To Reduce Russian Oil Imports.