EconomyRussian oil supplies to India hinder Delhi-Washington trade deal, report says
BMI, a unit of Fitch, says US efforts to persuade India to stop buying Russian oil and secure access for American agricultural products remain the main obstacles to a trade agreement. Conflict in the Middle East and oil-transport difficulties from Persian Gulf nations have strengthened India’s incentive to keep alternative energy sources.
Russian oil supplies to India hinder Delhi-Washington trade deal, report says