US: India can buy as much Russian oil as it wants, but …

The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap, US Treasury Secretary Janet Yellen said on Friday.The cap would still drive global oil prices lower while curbing Russia’s revenues, Yellen said.
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