New Delhi, Feb. 12 -- India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
He clarified that while there is no ban on Russian oil, India strictly avoids transactions with sanctioned entities.
"There was no embargo on Russian oil or Russian energy. The only thing is that no negotiations or contracts should be done with sanctioned entities... If the insurance and the fleet of Russian oil are clean, and the entity supplying it to us is not sanctioned, then we are ready to deal with them," Sawhney stated in an exclusive conversation with ANI.
He emphasized that India does not prioritize oil from an...
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