India crude buy helps global market stability: Russia

NEW DELHI: The Russian foreign ministry reiterated on Wednesday that Moscow had no reason to believe India is doing a rethink on its oil purchase from Russia, while also asserting that it’s ready to carry forward close cooperation with India in the energy sector.

“We are convinced that India’s purchase of Russian hydrocarbons is mutually beneficial & contributes to maintaining stability in the global energy market,” the ministry said in a post on X, adding Russia stands ready to continue close cooperation in this area with its Indian partners.