NEW DELHI: Russia is said to have offered to help India overcome the oil price cap, which has been imposed by Western nations on the world’s largest country.
“In order not to depend on the ban on insurance services and tanker chartering in the European Union and Britain, Deputy Prime Minister of Russia Alexander Novak has offered India cooperation on leasing and building large-capacity ships,” reports quoting the Russian embassy in New Delhi said.
Novak met Indian Ambassador to Moscow Pavan Kapoor on Friday, as per the statement.