'India seeks to use global energy challenge as opportunity'

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Times of India 2 mo ago

'India seeks to use global energy challenge as opportunity' - Times of India

Quick Summary:

India, the world's third biggest oil import, hopes to convert the current global oil challenges from the Ukraine crisis into an opportunity to secure affordable energy, oil minister Hardeep Singh Puri said on Thursday, a day after the European Union failed to agree on a Russian oil price cap.

Some Indian refiners are already getting Russian oil at below or near the prices cap levels.

And I don't foresee any difficulty in procuring energy and securing at affordable prices.