Indian companies sometimes face delays in paying for Russian oil above $60/bbl: Oil secretary

Indian companies “sometimes” face delays in paying for Russian oil priced above the $60 cap per barrel fixed by the Western nations, India’s oil secretary Pankaj Jain said on Monday.

“Nobody stops us from buying Russian oil at above the price cap level provided. We are not using western service,” Jain told reporters on the sidelines of an event.

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