India turns a deaf ear to West for paying Russia more for its own gains

A resurgent, pricier Brent Crude means India is lapping up more Russian oil, despite the latter trading well above the Western price cap of $60. A fragile global economy is worryingly staring at the prospects of a recession, and analysts say there is more tightness ahead in the oil market. And India, the third-biggest buyer of oil, cannot afford that.

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