LIVE: Trump’s Sanctions On Russia To Impact India’s Oil Trade? Union Minister Hardeep Puri Explains
India’s Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, speaks with Palki Sharma about India’s mega oil plan. Can US President Donald Trump’s sanctions against Russia impact India’s oil trade with Moscow? Union Minister Hardeep Puri says even though India’s oil purchase from Russia has increased, it has also diversified its sources of oil. The Minister also details how around 16% of growth in the global energy market has come from India and how it could go up to 25% in the next two decades. Union Minister Hardeep Puri reiterates India’s stance, saying it will buy oil from wherever it has to, as its commitment is to the Indian consumer. The Minister also details how Turkey, China and the European Union are the biggest buyers of Russian energy.
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