Page 2 - Cheaper Russian News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cheaper Russian crude is gaining popularity with buyers in Asia, squeezing producers in the Middle East and West Africa in energy markets and redrawing the global oil trade map, which is likely to remain in place for years to come.

India is proposing to settle trade with Russia in rupees, according to a person with knowledge of the matter, as the South Asian nation presses ahead with purchases of oil and weapons from the sanctions-hit country.