I guess India was thinking only it's own interest, not the wider picture. But when You do that, You should be aware that You can be in a middle of a conflict sooner or later.
Looks like India has ordered state owned buyers to get oil from elsewhere, but it's not sure how long it will last.
Weird, I am not seeing that. The local refineries have pulled back a little, but not completely, and they are saying the Government has not given them any orders to stop buying.
I wrote about state owned refineries; this news was from Bloomberg Yesterday.
Private owned companies are doing exactly like You wrote.
Trump määräsi keskiviikkona Intialle kovat tullit ”rangaistuksena” Venäjän öljyn ostamisesta.
