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Recent article in an online publication made some comments on Crude #oilimports from Russia & raised questions about the benefits of recent decisions of the Govt. It is essential to bring #clarity to the issue through this thread (1/9) @PMOIndia @HardeepSPuri @Rameswar_Teli 
Claim of Indian refiners reselling Russian crude back to Europe is based on a link which no longer exists. Extrapolation of unvalidated 30 day data (May 2022) to the whole year lacks the necessary economic rigour (2/9)
#OilPolicy @PMOIndia @HardeepSPuri @Rameswar_Teli
#OilPolicy @PMOIndia @HardeepSPuri @Rameswar_Teli
India and Russia have been all-weather friends and trade partners who have significant bilateral trade. The composition of the #tradebasket between the countries, varies from time to time, purely on #economicfactors (3/9) @PMOIndia @MEAIndia @DrSJaishankar @HardeepSPuri
