New Delhi, Aug. 2 -- Global crude prices could jump to 200 US Dollars a barrel if India were to stop buying Russian Oil thus severely harming consumers worldwide, sources told ANI.

Russian oil has never been sanctioned and is still not sanctioned by either the United States or the European Union.

Providing context for India's energy security policy, sources explained that Russia, the world's second-largest crude oil producer with about 9.5 million barrels per day output--nearly 10% of global demand--is also the second-largest exporter, shipping roughly 4.5 million barrels per day of crude and 2.3 million barrels per day of refined products. Past fears of Russian oil being squeezed out of global markets had driven Brent crude prices to a...