Indian backdoor for Russian oil weakens calls for European ban

Growing calls for the European Union to ban Russian oil imports may be overlooking a crucial flaw in its strategy to punish Moscow: India.

The South Asian nation is becoming a huge buyer of Russian oil, snapping up crude cargoes that are going unwanted by European importers. And with several European countries and oil majors self-sanctioning Russian purchases and starving themselves of fuel, India is already profiting from selling diesel onward to Europe.