U.S. Treasury Deputy Secretary Adeyemo said that the regulation on the implementation of price cap on Russian oil is about to be introduced, is it priced, slightly higher than Russia's production price .
If you want to be artificial, you still have to take a custody. India, which made a fortune in the Russian-Ukrainian war. According to the deputy minister, India is interested in continuing to talk about the issue of Russian oil price ceiling, and hopes that India will join the ranks of imposing price ceilings on Russian oil.
This US Deputy Minister is too naive, Indian immortal Modi . Although that guy is very old, he is very good at yoga and doesn’t do anything profitable. Once India participates in the "price limit" activity for Russian oil, the consequences will be terrible and the losses will be extremely large.
Not to mention how "profit-oriented" India is, but India's position on the Russian-Ukrainian conflict is extremely firm, just not standing in the Western camp to sanction Russia, which makes the United States and Britain very annoyed, but there is no way out.
In addition, implementing "price limits" on Russian oil is a hostile act by the United States to Russia, which has annoyed Putin . Putin has long said that anyone who dares to "limit" Russian oil prices will never get a drop of oil from Russia.
Just imagine, if there is an old immortal Modi sitting in the formation in India, how can you be distracted?